summary
Introduced
01/10/2024
01/10/2024
In Committee
02/22/2024
02/22/2024
Crossed Over
02/07/2024
02/07/2024
Passed
02/28/2024
02/28/2024
Dead
Signed/Enacted/Adopted
03/13/2024
03/13/2024
Introduced Session
2024 Regular Session
Bill Summary
Attorney's fees. Increases: (1) the amount of attorney's fees that may be incurred by an offeror to $250 per hour; and (2) the total amount of attorney's fees, costs, and expenses that may be awarded to not more than $5,000; with respect to a qualified settlement offer.
AI Summary
This bill amends Indiana law to increase the maximum hourly rate for attorney's fees that can be awarded to an offeror (the party making a settlement offer) from $100 to $250 per hour. It also increases the total amount of attorney's fees, costs, and expenses that can be awarded to the offeror from $1,000 to $5,000, in cases where the final judgment is less favorable to the recipient (the party receiving the settlement offer) than the terms of the qualified settlement offer.
Committee Categories
Budget and Finance, Justice
Sponsors (5)
Last Action
Public Law 117 (on 03/13/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
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