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H1795 • 2025

An Act relative to prejudgment interest rates

An Act relative to prejudgment interest rates

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Bradley H. Jones, Jr.
Last action
2026-03-26
Official status
Accompanied a study order, see H5281 (under House Rule 27)
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to prejudgment interest rates

An Act relative to prejudgment interest rates By Representative Jones of North Reading, a petition (accompanied by bill, House, No.

What This Bill Does

  • An Act relative to prejudgment interest rates By Representative Jones of North Reading, a petition (accompanied by bill, House, No.
  • 1795) of Bradley H.
  • Jones, Jr., and others relative to prejudgment interest rates.
  • The Judiciary.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-26 House

    Accompanied a study order, see H5281 (under House Rule 27)

  2. 2025-11-04 Joint

    Hearing rescheduled to 11/04/2025 from 01:00 PM-02:30 PM in A-1 and Virtual Hearing updated to New End Time

  3. 2025-11-04 Joint

    Hearing rescheduled to 11/04/2025 from 01:00 PM-05:00 PM in A-1 and Virtual Hearing updated to New End Time

  4. 2025-10-29 Joint

    Hearing scheduled for 11/04/2025 from 01:00 PM-05:00 PM in A-1

  5. 2025-02-27 House

    Referred to the committee on The Judiciary

  6. 2025-02-27 Senate

    Senate concurred

  7. House

    Reported by committee to Clerk’s Office for processing, will accompany a study order

Official Summary Text

An Act relative to prejudgment interest rates
By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 1795) of Bradley H. Jones, Jr., and others relative to prejudgment interest rates. The Judiciary.

Current Bill Text

Read the full stored bill text
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Bill H.1795

SECTION 1. Section 6B of chapter 231 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out, in lines 5 and 6, the words “at the rate of twelve per cent per annum” and inserting in place thereof the following:- calculated at a weekly average one-year constant maturity treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding date of the judgment.

SECTION 2. Section 6C of said chapter 231 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out, in lines 4 and 5, the words “at the rate of twelve per cent per annum” and inserting in place thereof the following:- calculated at a weekly average one-year constant maturity treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding date of the judgment.

SECTION 3. Said section 6C of said chapter 231 is hereby further amended by striking out, in line 8, the words “at the rate of twelve per cent annum” and inserting in place thereof the following:- calculated as set forth above.

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