Opposition is mounting in the business community to proposed legislation that is being considered by the Florida legislature that would require Florida courts to include prejudgement interest in any final lawsuit award.
As it stands now, in all personal injury cases in Florida, a jury will award an amount of damages, and then interest will be added by the Court in its final judgment until the amount of damages payment is made in full.
Senate Bill 334, introduced by state Sen. Greg Steube (R-Sarasota), will require a court to include prejudgement interest in an award from which the plaintiff recovers both monetary and non-monetary damages. It also requires a court to include that same interest on attorney fees and costs.
The proposed legislation will effectively mean juries and courts would calculate, and add, all interest from the time of the loss.
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