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HOUSE DOCKET, NO. 2025 FILED ON: 1/19/2023
HOUSE . . . . . . . . . . . . . . . No. 1578
The Commonwealth of Massachusetts
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PRESENTED BY:
Bradley H. Jones, Jr.
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to prejudgment interest rates.
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PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Bradley H. Jones, Jr.20th Middlesex1/17/2023Nicholas A. Boldyga3rd Hampden1/26/2023Susan Williams Gifford2nd Plymouth1/26/2023F. Jay Barrows1st Bristol1/26/2023Kimberly N. Ferguson1st Worcester1/31/2023 1 of 2
HOUSE DOCKET, NO. 2025 FILED ON: 1/19/2023
HOUSE . . . . . . . . . . . . . . . No. 1578
By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 1578) of
Bradley H. Jones, Jr. and others relative to prejudgment interest rates. The Judiciary.
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act relative to prejudgment interest rates.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 SECTION 1. Section 6B of chapter 231 of the General Laws, as appearing in the 2020
2Official Edition, is hereby amended by striking out, in lines 5 and 6, the words “at the rate of
3twelve per cent per annum” and inserting in place thereof the following:- calculated at a weekly
4average one-year constant maturity treasury yield, as published by the Board of Governors of the
5Federal Reserve System, for the calendar week preceding date of the judgment.
6 SECTION 2. Section 6C of said chapter 231 of the General Laws, as appearing in the
72020 Official Edition, is hereby amended by striking out, in lines 4 and 5, the words “at the rate
8of twelve per cent per annum” and inserting in place thereof the following:- calculated at a
9weekly average one-year constant maturity treasury yield, as published by the Board of
10Governors of the Federal Reserve System, for the calendar week preceding date of the judgment. 2 of 2
11 SECTION 3. Said section 6C of said chapter 231 is hereby further amended by striking
12out, in line 8, the words “at the rate of twelve per cent annum” and inserting in place thereof the
13following:- calculated as set forth above.