Second Regular Session Seventy-fourth General Assembly STATE OF COLORADO INTRODUCED LLS NO. 24-0600.01 Anna Petrini x5497 SENATE BILL 24-130 Senate Committees House Committees Judiciary A BILL FOR AN ACT C ONCERNING RAISING THE LIMITA TION ON NONECONOMIC DAMAGES101 IN MEDICAL MALPRACTICE ACTIONS .102 Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov .) Existing law limits the amount recoverable for noneconomic damages in medical malpractice actions to $300,000. Beginning January 1, 2025, the bill incrementally increases the noneconomic damages limitation to $500,000 over the course of 5 years. SENATE SPONSORSHIP Mullica and Will, HOUSE SPONSORSHIP Brown, Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. Capital letters or bold & italic numbers indicate new material to be added to existing law. Dashes through the words or numbers indicate deletions from existing law. Be it enacted by the General Assembly of the State of Colorado:1 SECTION 1. Legislative declaration. The general assembly2 finds and declares that updating the monetary limitations on damages for3 direct or derivative noneconomic loss or injury serves the purpose and4 intent of the "Health Care Availability Act".5 SECTION 2. In Colorado Revised Statutes, 13-64-302, add6 (1)(d) as follows:7 13-64-302. Limitation of liability - interest on damages.8 (1) (d) (I) E FFECTIVE JANUARY 1, 2025, THE DAMAGES LIMITATION OF9 THREE HUNDRED THOUSAND DOLLARS DESCRIBED IN SUBSECTION (1)(c)10 OF THIS SECTION IS INCREASED TO THREE HUNDRED FORTY THOUSAND11 DOLLARS, WHICH INCREASED AMOUNT APPLIES TO ACTS OR OMISSIONS12 OCCURRING ON OR AFTER SAID DATE .13 (II) E FFECTIVE JANUARY 1, 2026, THE DAMAGES LIMITATION OF14 THREE HUNDRED FORTY THOUSAND DOLLARS DESCRIBED IN SUBSECTION15 (1)(d)(I) OF THIS SECTION IS INCREASED TO THREE HUNDRED EIGHTY16 THOUSAND DOLLARS, WHICH INCREASED AMOUNT APPLIES TO ACTS OR17 OMISSIONS OCCURRING ON OR AFTER SAID DATE .18 (III) E FFECTIVE JANUARY 1, 2027, THE DAMAGES LIMITATION OF19 THREE HUNDRED EIGHTY THOUSAND DOLLARS DESCRIBED IN SUBSECTION20 (1)(d)(II) OF THIS SECTION IS INCREASED TO FOUR HUNDRED TWENTY21 THOUSAND DOLLARS, WHICH INCREASED AMOUNT APPLIES TO ACTS OR22 OMISSIONS OCCURRING ON OR AFTER SAID DATE .23 (IV) E FFECTIVE JANUARY 1, 2028, THE DAMAGES LIMITATION OF24 FOUR HUNDRED TWENTY THOUSAND DOLLARS DESCRIBED IN SUBSECTION25 (1)(d)(III) OF THIS SECTION IS INCREASED TO FOUR HUNDRED SIXTY26 THOUSAND DOLLARS, WHICH INCREASED AMOUNT APPLIES TO ACTS OR27 SB24-130 -2- OMISSIONS OCCURRING ON OR AFTER SAID DATE .1 (V) E FFECTIVE JANUARY 1, 2029, THE DAMAGES LIMITATION OF2 FOUR HUNDRED SIXTY THOUSAND DOLLARS DESCRIBED IN SUBSECTION3 (1)(d)(IV) OF THIS SECTION IS INCREASED TO FIVE HUNDRED THOUSAND4 DOLLARS, WHICH INCREASED AMOUNT APPLIES TO ACTS OR OMISSIONS5 OCCURRING ON OR AFTER SAID DATE .6 SECTION 3. Safety clause. The general assembly finds,7 determines, and declares that this act is necessary for the immediate8 preservation of the public peace, health, or safety or for appropriations for9 the support and maintenance of the departments of the state and state10 institutions.11 SB24-130 -3-