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CS/SB 914: Contingency Risk Multipliers

GENERAL BILL by Banking and Insurance ; Brandes

Contingency Risk Multipliers; Providing that, for certain attorney fees awarded for claims arising under property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that such presumption may be rebutted only under certain circumstances, etc.

Effective Date: 7/1/2020
Last Action: 2/4/2020 Senate - Now in Rules
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Rules (RC)



Bill History

Date Chamber Action
11/14/2019 Senate • Filed
12/13/2019 Senate • Referred to Banking and Insurance; Judiciary; Rules -SJ 70
1/14/2020 Senate • Introduced -SJ 69
1/16/2020 Senate • On Committee agenda-- Banking and Insurance, 01/21/20, 12:00 pm, 412 Knott Building
1/21/2020 Senate • CS by Banking and Insurance; YEAS 5 NAYS 3 -SJ 155
1/22/2020 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
1/23/2020 Senate • Now in Judiciary
1/27/2020 Senate • CS by Banking and Insurance read 1st time -SJ 196
1/30/2020 Senate • On Committee agenda-- Judiciary, 02/04/20, 12:30 pm, 110 Senate Building
2/4/2020 Senate • Favorable by Judiciary; YEAS 4 NAYS 2 -SJ 239
• Now in Rules