1 of 1 SENATE DOCKET, NO. 537 FILED ON: 1/13/2025 SENATE . . . . . . . . . . . . . . No. 1149 The Commonwealth of Massachusetts _________________ PRESENTED BY: Jason M. Lewis _________________ 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. _______________ PETITION OF: NAME:DISTRICT/ADDRESS :Jason M. LewisFifth Middlesex 1 of 2 SENATE DOCKET, NO. 537 FILED ON: 1/13/2025 SENATE . . . . . . . . . . . . . . No. 1149 By Mr. Lewis, a petition (accompanied by bill, Senate, No. 1149) of Jason M. Lewis for legislation relative to prejudgment interest rates. The Judiciary. [SIMILAR MATTER FILED IN PREVIOUS SESSION SEE SENATE, NO. 1029 OF 2023-2024.] The Commonwealth of Massachusetts _______________ In the One Hundred and Ninety-Fourth General Court (2025-2026) _______________ 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 2022 2Official Edition, is hereby amended by striking out, in line 5, the words “at the rate of twelve per 3cent per annum” and inserting in place thereof the following:- calculated at a weekly average 1- 4year constant maturity treasury yield, as published by the Board of Governors of the Federal 5Reserve System, for the calendar week preceding date of the judgment. 6 SECTION 2. Section 6C of said chapter 231 of the General Laws, as so appearing, is 7hereby amended by striking out, in line 4, the words “at the rate of twelve per cent per annum” 8and inserting in place thereof the following:- calculated at a weekly average 1-year constant 9maturity treasury yield, as published by the Board of Governors of the Federal Reserve System, 10for the calendar week preceding date of the judgment. 2 of 2 11 SECTION 3. Said section 6C of said chapter 231, as so appearing, is hereby further 12amended by striking out, in line 7, the words “at the rate of twelve per cent annum” and inserting 13in place thereof the following:- calculated as set forth above.