Bill
Bill > HB1116
summary
Introduced
01/19/2026
01/19/2026
In Committee
01/19/2026
01/19/2026
Crossed Over
Passed
Dead
02/03/2026
02/03/2026
Introduced Session
2026 Regular Session
Bill Summary
An Act To Amend Section 11-1-60, Mississippi Code Of 1972, To Require Noneconomic Damages To Be Calculated At A Compounded Rate Of Eight Percent; And For Related Purposes.
AI Summary
This bill, effective July 1, 2026, amends Mississippi law to adjust the caps on noneconomic damages, which are subjective, nonpecuniary losses like pain and suffering, mental anguish, and loss of enjoyment of life, but do not include punitive damages. Specifically, for lawsuits filed after September 1, 2004, the existing caps of $500,000 for malpractice or breach of standard of care cases against healthcare providers and $1,000,000 for other civil actions will be subject to an annual eight percent (8%) compounded interest rate increase starting from July 1, 2026, meaning these damage limits will be adjusted upwards each year to account for inflation.
Committee Categories
Justice
Sponsors (1)
Last Action
Died In Committee (on 02/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1116.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/HB/1100-1199/HB1116IN.htm |
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