As we reported in
January, Illinois judgment
interest statute imposes post-judgment interest in tort actions at
the rate of 9 percent per year from the date of the judgment s
entry through the date of the judgment s
satisfaction.
See, 735 ILCS 5/2-1303(a) (Section
1303). Prejudgment interest currently is not recoverable. The
Illinois General Assembly aimed to change this through its passage
of House Bill 3360, which sought to amend Section 1303 to impose
prejudgment interest in tort actions.
House Bill 3360 would have imposed prejudgment interest at the
rate of 9 percent per year in all tort actions seeking recovery for
personal injury or wrongful death beginning on the date the