Mississippi HB1457: Noneconomic damages; revise to include an annual inflationary rate.

What the bill says

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.

From the introduced text:

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. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. Section 11-1-60, Mississippi Code of 1972, is amended as follows: 11-1-60. (1) For the purposes of this section, the following words and phrases shall have the meanings ascribed herein unless the context clearly requires otherwise: (a) "Noneconomic damages" means subjective, nonpecuniary damages arising from death, pain, suffering, inconvenience, mental anguish, worry, emotional distress, loss of society and companionship, loss of consortium, bystander injury, physical impairment, disfigurement, injury to reputation, humiliation, embarrassment, loss of the enjoyment of life, hedonic damages, other nonpecuniary damages, and any other theory of damages such as fear of loss, illness or injury. The term "noneconomic damages" shall not include punitive or exemplary damages. (b) "Actual economic damages" means objectively verifiable pecuniary damages arising from medical expenses and medical care, rehabilitation services, custodial care, disabilities, loss of earnings and earning capacity, loss of income, burial costs, loss of use of property, costs of repair or replacement of property, costs of obtaining substitute domestic services, loss of employment, loss of business or employment opportunities, and other objectively verifiable monetary losses. (2) (a) In any cause of action …

Read the full official text

Sponsors

• Tullos, Mark (R, 79) · primary sponsor

Latest actions

1. February 4, 2025: Died In Committee
2. January 20, 2025: Referred To Judiciary A

Common questions

What is HB1457?

HB1457 is a bill in the Mississippi Legislature (2025 Regular Session): Noneconomic damages; revise to include an annual inflationary rate.

What does HB1457 do?

In its own words: 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.

What is the status of HB1457?

Failed as of February 4, 2025. Latest action: Died In Committee (February 4, 2025).

Who sponsored HB1457?

Tullos, Mark (R, 79).

Where is the official record for HB1457?

On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB1457.xml