HB2478113th GA (Historical)Introduced
Amends TCA Title 47, Chapter 14.
Where a judgment is based upon medical debt, this bill prohibits the interest rate from exceeding a maximum effective rate of 3 percent per annum. This bill applies to court judgments rendered on or after July 1, 2024.<br />
Overview
Where a judgment is based upon medical debt, this bill prohibits the interest rate from exceeding a maximum effective rate of 3 percent per annum. This bill applies to court judgments rendered on or after July 1, 2024.<br />
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