Punitive damages; raises cap from $350,000 to $500,000. (SB895)

Introduced By

Sen. Chap Petersen (D-Fairfax)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Punitive damages cap. Raises the punitive damages cap from $350,000 to $500,000 for any action accruing on or after July 1, 2018. Amends § 8.01-38.1, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/19/2018Presented and ordered printed 18105038D
01/19/2018Referred to Committee for Courts of Justice
01/24/2018Reported from Courts of Justice with amendment (11-Y 4-N) (see vote tally)
01/26/2018Constitutional reading dispensed (35-Y 0-N) (see vote tally)
01/29/2018Read second time
01/29/2018Reading of amendment waived
01/29/2018Committee amendment agreed to
01/29/2018Engrossed by Senate as amended SB895E
01/29/2018Printed as engrossed 18105038D-E
01/30/2018Read third time and passed Senate (24-Y 15-N) (see vote tally)
02/05/2018Placed on Calendar
02/05/2018Read first time
02/05/2018Referred to Committee for Courts of Justice
02/15/2018Assigned Courts sub: Subcommittee #2
02/19/2018Subcommittee recommends laying on the table (7-Y 0-N)
03/06/2018Left in Courts of Justice

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 49 seconds.