Monday, April 4, 2011

Lawsuit Reform Bill Heads To Fallin's Desk

From The Speaker's Office ~ House leaders commented today on the passage of House Bill 2128 in the State Senate.

The measure caps noneconomic damages at $350,000 in all civil actions and repeals the previously created indemnity fund.

HB 2128 also includes language stating that for any civil action arising from a claimed bodily injury, the amount of compensation which the judge and jury may award a plaintiff for economic loss shall not be subject to any limitation.

The measure now heads to the governor for final consideration.

House Speaker Kris Steele (R-Shawnee): “I am extremely pleased the Senate has passed this historic piece of legislation. Placing a cap on noneconomic damages is a key part of the reform agenda promoted by members of the Legislature and the Governor. Lawsuit reform is needed to help grow the state’s economy and increase its competitiveness with other states. It is vital for job creation and to protect access to quality health care.”

Majority Floor Leader Dan Sullivan (R-Tulsa): “With the passage of HB2128, we will improve far more than just our business environment. Bringing reason to our civil justice system will benefit all citizens of Oklahoma by attracting businesses that pay well and provide benefits.”

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