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Legislative Year: 2019 Change
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Bill Detail: HB19-1310

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Title Interest On Orders Of Restitution
Status Governor Signed (05/28/2019)
Bill Subjects
  • Crimes, Corrections, & Enforcement
House Sponsors J. Melton (D)
S. Gonzales-Gutierrez (D)
Senate Sponsors P. Lee (D)
House Committee Judiciary
Senate Committee Judiciary
Date Introduced 04/04/2019
Description

Under current law, simple interest accrues on orders of restitution
at the rate of 8% per annum. The bill lowers the rate to 3% per annum.
The bill also provides that interest on an order of restitution does not
accrue while the defendant is:
  • In the custody of the department of corrections or a jail; or
  • Current on any agreement to make periodic payments.

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with Amendments
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Fiscal Notes Fiscal Notes (09/03/2019) (most recent)  
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