Thanks to your efforts, prejudgment interest will not be an issue for cities for the time being.

As a reminder, SB 5155 would have allowed interest on judgments for tortious conduct to begin accruing from the date on which a person suffers an injury or loss. This means interest would have started to accrue before a claim was filed and before a city was made aware of the injury or loss. However, the bill failed to make it off the House floor before cutoff.

AWC appreciates the hard work and efforts of our partners to oppose this legislation that would have had devastating impacts on cities around the state.