SB1922113th GA (Historical)Second Reading

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 />

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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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Sponsor

Akbari, Raumesh

Details
Session

113th General Assembly

Introduced

January 24, 2024

Last Action

January 29, 2024

Passed on Second Consideration, refer to Senate Judiciary Committee

Subjects
Interest RatesJudgments

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