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House votes to tie prejudgment interest on special-damage awards to federal index
Summary
The House passed first-substitute House Bill 42 58-12 to set prejudgment interest for certain personal-injury special damages at the federal court system index plus 4%, a compromise backers said aligns related provisions; opponents argued it unfairly favors one group.
The Utah House approved first-substitute House Bill 42 on a 58-12 vote, changing how prejudgment interest on certain personal-injury special damages is calculated. Sponsor Representative James Dunigan said the measure ties the prejudgment rate to the federal court system index "plus 4%," mirroring a previous change that tied post-judgment interest to the same index.
Dunigan told members the change affects only "special damages"…
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