Florida Senate - 2017 CS for SB 334 By the Committee on Judiciary; and Senator Steube 590-01947-17 2017334c1 1 A bill to be entitled 2 An act relating to prejudgment interest; creating s. 3 55.035, F.S.; requiring a court to include interest in 4 a final judgment in an action from which a plaintiff 5 recovers economic or noneconomic damages; specifying 6 the dates from which interest accrues; requiring a 7 court to include interest on attorney fees and costs 8 in the final judgment, if recovered; specifying the 9 rate at which interest accrues; providing for 10 construction and applicability; providing an effective 11 date. 12 13 Be It Enacted by the Legislature of the State of Florida: 14 15 Section 1. Section 55.035, Florida Statutes, is created to 16 read: 17 55.035 Prejudgment interest.— 18 (1) In any action in which a plaintiff recovers economic or 19 noneconomic damages, the court shall include interest on each 20 component of damages in the final judgment. 21 (a) For economic damages, interest accrues from the date of 22 the loss of an economic benefit to the plaintiff. 23 (b) For noneconomic damages, interest accrues from the date 24 the defendant received notice of a claim from the plaintiff. 25 (2) If the plaintiff recovers attorney fees or costs, the 26 court shall include in the final judgment interest on such fees 27 or costs beginning on the date the entitlement to attorney fees 28 is fixed through an agreement, an arbitration award, or a court 29 determination. 30 (3) The rate of interest applicable to this section is the 31 rate established pursuant to s. 55.03. 32 Section 2. This act does not affect the accrual of 33 prejudgment interest before the effective date of the act if 34 otherwise authorized by statute or common law. 35 Section 3. This act shall take effect July 1, 2017, and 36 shall apply to causes of action that accrue on or after that 37 date.