1359-S2 AMH ANDG FRAS 061

2SHB 1359 - H AMD

By Representative Anderson

   On page 3, line 1, after "(3)" strike all material through "capacities," on line 3 and insert "Except as provided under subsections (1), (2), and (4) of this section, judgments ((founded on the tortious conduct of individuals or other entities, whether acting in their personal or representative capacities,))"

   On page 3, strike all material after "year." on line 24 and insert "((Except as provided under subsections (1), (2), and (3) of this section, judgments shall bear interest from the date of entry at the maximum rate permitted under RCW 19.52.020 on the date of entry thereof. In any case where a court is directed on review to enter judgment on a verdict or in any case where a judgment entered on a verdict is wholly or partly affirmed on review, interest on the judgment or on that portion of the judgment affirmed shall date back to and shall accrue from the date the verdict was rendered. The method for determining an interest rate prescribed by this subsection is also the method for determining the "rate applicable to civil judgments" for purposes of RCW 10.82.090.))"

EFFECT: Makes the interest rate on civil judgments T-bill plus two percentage points, the same rate as tort judgments under current law and legal financial obligations under the bill.