By: Hunter, Todd H.B. No. 2423
73R2315 DAK-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the award of prejudgment interest in certain judgments.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 6(a), Article 1.05, Title 79, Revised
1-5 Statutes (Article 5069-1.05, Vernon's Texas Civil Statutes), is
1-6 amended to read as follows:
1-7 (a) Judgments in wrongful death, personal injury, and
1-8 property damage cases must include prejudgment interest only for
1-9 that portion of the judgment that represents damages that have
1-10 accrued at the time the judgment is rendered. Judgments in
1-11 wrongful death, personal injury, and property damage cases may not
1-12 include prejudgment interest for that portion of the judgment that
1-13 represents damages that accrue after the judgment is rendered.
1-14 Except as provided by Subsections (b), (c), and (d) of this
1-15 section, prejudgment interest accrues on the amount of the judgment
1-16 during the period beginning on the 180th day after the date the
1-17 defendant receives written notice of a claim or on the day the suit
1-18 is filed, whichever occurs first, and ending on the day preceding
1-19 the date judgment is rendered.
1-20 SECTION 2. This Act applies only to a judgment rendered on
1-21 or after the effective date of this Act. A judgment rendered
1-22 before the effective date of this Act is governed by the law in
1-23 effect at the time the judgment was rendered, and that law is
1-24 continued in effect for that purpose.
2-1 SECTION 3. The importance of this legislation and the
2-2 crowded condition of the calendars in both houses create an
2-3 emergency and an imperative public necessity that the
2-4 constitutional rule requiring bills to be read on three several
2-5 days in each house be suspended, and this rule is hereby suspended,
2-6 and that this Act take effect and be in force from and after its
2-7 passage, and it is so enacted.