Skip to content

Bills · Sep 2011 Special Session

SB 14

Became law Official bill text Atom feed

interest rates on judgments in certain civil actions.

  1. Introduced, completed
  2. Passes Senate, completed
  3. Passes Assembly, completed
  4. Governor signs, completed
  5. Law, completed

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, interest accrues on a judgment involving the recovery of

money at the rate of 12 percent per year from the date of entry of judgment until the

judgment is paid. Also under current law, if an offer of settlement is made and

rejected, the party making the offer of settlement prevails, and the judgment is

greater than or equal to the offer of settlement, interest accrues on the amount

recovered at the rate of 12 percent from the date of the offer of settlement until the

amount is paid.

This bill changes the interest rate on judgments for the recovery of money in

civil actions in tort, in actions brought by a customer to enforce rights under

Wisconsin's Consumer Act, and in consumer protection actions commenced by the

Department of Agriculture, Trade and Consumer Protection (DATCP) to an annual

rate of 1 percent plus the prime rate in effect on the day the judgment is entered, as

reported by the Federal Reserve Board, until the amount is paid. This bill also

changes the interest rate on amounts recovered by a party who prevails in a civil

action in tort or, if the party is a customer, in an action brought to enforce rights under

the Wisconsin Consumer Act, or in a consumer protection action commenced by

DATCP, after that party made an offer of settlement that was rejected, to an annual

rate of 1 percent plus the prime rate, as reported by the Federal Reserve Board, in

effect on the day the judgment is entered from the date of the offer of settlement until

the amount is paid.

Sponsors

Introduced by: Committee on Senate Organization , Representative Farrow , Senator Zipperer , by request of Governor Scott Walker

4 cosponsors

Farrow (R) , Jacque, Spanbauer, A. Ott and Kestell , Vukmir, Darling and Galloway , Zipperer (R)

Votes

Senate: Report adoption of Senate Amendment 1 to Senate Substitute Amendment 1 recommended by committee on Judiciary, Utilities, Commerce, and Government Operations, Ayes 5, Noes 0

Passed 5–0 Nov 1, 2011 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Senate amendment 2 to Senate substitute amendment 1 laid on table, Ayes 17, Noes 16

Passed 17–16 Nov 2, 2011 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Senate amendment 3 to Senate substitute amendment 1 laid on table, Ayes 18, Noes 15

Passed 18–15 Nov 2, 2011 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Read a third time and passed, Ayes 17, Noes 16

Passed 17–16 Nov 2, 2011 official source full page

Assembly: Read a third time and concurred in, Ayes 59, Noes 36, Paired 2

Passed 59–36 Nov 3, 2011 official source full page

Aye · 59

Not voting · 1

Assembly: Assembly amendment 1 laid on table, Ayes 57, Noes 38

Passed 57–38 Nov 3, 2011 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Assembly: Assembly amendment 2 laid on table, Ayes 57, Noes 38

Passed 57–38 Nov 3, 2011 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Oct 11, 2011 · Senate

    Introduced by committee on Senate Organization, by request of Governor Scott Walker, Senator Zipperer, and Representative Farrow

  2. Oct 11, 2011 · Senate

    Read first time and referred to committee on Judiciary, Utilities, Commerce, and Government Operations

  3. Oct 11, 2011 · Senate

    Senator Zipperer added as a coauthor

  4. Oct 11, 2011 · Senate

    Representative Farrow added as a cosponsor

  5. Oct 11, 2011 · Senate

    Senators Vukmir, Darling and Galloway added as coauthors

  6. Oct 11, 2011 · Senate

    Representatives Jacque, Spanbauer, A. Ott and Kestell added as a cosponsors

  7. Oct 26, 2011 · Senate

    Public hearing held

  8. Oct 28, 2011 · Senate

    Senate substitute amendment 1 offered by Senator Zipperer

  9. Oct 28, 2011 · Senate

    Senate amendment 1 to Senate substitute amendment 1 offered by Senator Zipperer

  10. Nov 1, 2011 · Senate

    Report adoption of Senate Amendment 1 to Senate Substitute Amendment 1 recommended by committee on Judiciary, Utilities, Commerce, and Government Operations, Ayes 5, Noes 0

  11. Nov 1, 2011 · Senate

    Report adoption of Senate Substitute Amendment 1 recommended by committee on Judiciary, Utilities, Commerce, and Government Operations, Ayes 5, Noes 0

  12. Nov 1, 2011 · Senate

    Report passage as amended recommended by committee on Judiciary, Utilities, Commerce, and Government Operations, Ayes 3, Noes 2

  13. Nov 1, 2011 · Senate

    Available for scheduling

  14. Nov 1, 2011 · Senate

    Placed on calendar 11-2-2011 pursuant to Senate Rule 18(1)

  15. Nov 1, 2011 · Senate

    Executive action taken

  16. Nov 2, 2011 · Senate

    Read a second time

  17. Nov 2, 2011 · Senate

    Senate amendment 1 to Senate substitute amendment 1 adopted

  18. Nov 2, 2011 · Senate

    Senate amendment 2 to Senate substitute amendment 1 offered by Senators Risser, Wirch, T. Cullen, King, C. Larson, Holperin, Taylor, Vinehout, S. Coggs and Miller

  19. Nov 2, 2011 · Senate

    Senate amendment 2 to Senate substitute amendment 1 laid on table, Ayes 17, Noes 16

  20. Nov 2, 2011 · Senate

    Senate amendment 3 to Senate substitute amendment 1 offered by Senators Taylor, Vinehout, Risser, Miller and S. Coggs

  21. Nov 2, 2011 · Senate

    Senate amendment 3 to Senate substitute amendment 1 laid on table, Ayes 18, Noes 15

  22. Nov 2, 2011 · Senate

    Senate substitute amendment 1 adopted

  23. Nov 2, 2011 · Senate

    Ordered to a third reading

  24. Nov 2, 2011 · Senate

    Rules suspended

  25. Nov 2, 2011 · Senate

    Read a third time and passed, Ayes 17, Noes 16

  26. Nov 2, 2011 · Senate

    Ordered immediately messaged

  27. Nov 3, 2011 · Assembly

    Received from Senate

  28. Nov 3, 2011 · Assembly

    Read first time and referred to calendar 11-3-2011 pursuant to Assembly Rule 93

  29. Nov 3, 2011 · Assembly

    Rules suspended to withdraw from calendar and take up

  30. Nov 3, 2011 · Assembly

    Read a second time

  31. Nov 3, 2011 · Assembly

    Assembly amendment 1 offered by Representative Staskunas

  32. Nov 3, 2011 · Assembly

    Placed on the calendar of 11-3-2011 following SB 22

  33. Nov 3, 2011 · Assembly

    Assembly amendment 1 laid on table, Ayes 57, Noes 38

  34. Nov 3, 2011 · Assembly

    Assembly amendment 2 offered by Representative Staskunas

  35. Nov 3, 2011 · Assembly

    Assembly amendment 2 laid on table, Ayes 57, Noes 38

  36. Nov 3, 2011 · Assembly

    Ordered to a third reading

  37. Nov 3, 2011 · Assembly

    Rules suspended

  38. Nov 3, 2011 · Assembly

    Read a third time and concurred in, Ayes 59, Noes 36, Paired 2

  39. Nov 3, 2011 · Assembly

    Ordered immediately messaged

  40. Nov 4, 2011 · Senate

    Received from Assembly concurred in

  41. Nov 8, 2011 · Senate

    LRB correction (Assembly Amendment 1)

  42. Nov 9, 2011 · Senate

    Report correctly enrolled on 11-9-2011

  43. Nov 15, 2011 · Senate

    Presented to the Governor on 11-15-2011

  44. Nov 18, 2011 · Senate

    Report approved by the Governor on 11-16-2011. 2011 Wisconsin Act 69

  45. Nov 18, 2011 · Senate

    Published 12-1-2011