Friday, June 3, 2011

SC House Agrees to Amended Tort Reform Bill

I received word yesterday that the house passed the amended tort reform bill by a vote of 99-16.  The State Newspaper has a short write-up about it here, and cut and pasted below.

House agrees to amended tort reform bill

House members agreed to Senate amendments Thursday on a tort reform bill.

Under the measure, punitive awards would be limited to $500,000 or three times the actual damages, whichever is greater.

In the worst cases, punitive awards would be capped at the greater of $2 million or four times the actual damages, which includes things like lost wages and medical expenses. 

The House vote signals a victory for Gov. Nikki Haley who made tort reform one of her priorities this session.

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