February 16, 2007
HOUSE BILL No. 1481
_____
DIGEST OF HB 1481
(Updated February 13, 2007 1:16 pm - DI 107)
Citations Affected: IC 34-51.
Synopsis: Punitive damage awards. Provides that contracted attorney
fees and reasonable costs are to be paid out of a punitive damage
award. Requires: (1) 75% of the remainder of a punitive damage award
to be paid to the person to whom the damages were awarded; and (2)
25% of the remainder of the award to be deposited in the violent crime
victims compensation fund. Makes technical corrections. (Current law
requires: (1) 25% of a punitive damage award to be paid to the person
to whom the damages were awarded; and (2) 75% of the award to be
deposited in the violent crime victims compensation fund.)
Effective: July 1, 2007.
January 23, 2007, read first time and referred to Committee on Judiciary.
February 15, 2007, amended, reported _ Do Pass.
February 16, 2007
First Regular Session 115th General Assembly (2007)
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HOUSE BILL No. 1481
A BILL FOR AN ACT to amend the Indiana Code concerning civil
procedure.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 34-51-3-6; (07)HB1481.1.1. -->
SECTION 1. IC 34-51-3-6, AS AMENDED BY P.L.105-2006,
SECTION 2, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
JULY 1, 2007]: Sec. 6. (a) Except as provided in IC 13-25-4-10, when
a finder of fact announces a verdict that includes a punitive damage
award in a civil action, the party against whom the judgment was
entered shall notify the office of the attorney general of the punitive
damage award.
(b) When a punitive damage award is paid, the party against whom
the judgment was entered shall pay the punitive damage award to the
clerk of the court where the action is pending.
(c) Upon receiving the payment described in
subsection (a),
subsection (b), the clerk of the court shall
pay out of the punitive
damages award attorney's fees to the attorney who represented the
person to whom punitive damages were awarded, in the amount
contracted for by the attorney and the person, and reasonable costs
incurred by the person to whom punitive damages were awarded.
After these attorney's fees and costs are paid, the clerk shall
distribute the remainder of the punitive damages as follows:
(1) pay the person to whom punitive damages were awarded
twenty-five percent (25%) of the punitive damage award; and
(2) pay the remaining seventy-five percent (75%) of the punitive
damage award
(1) Seventy-five percent (75%) of the remainder to the person
to whom punitive damages were awarded.
(2) Twenty-five percent (25%) of the remainder to the
treasurer of state, who shall deposit the funds into the violent
crime victims compensation fund established by IC 5-2-6.1-40.
(d) The office of the attorney general may negotiate and
compromise a punitive damage award described in subsection (c)(2).
(e) The state's interest in a punitive damage award described in
subsection (b)(2) subsection (c)(2) is effective when a finder of fact
announces a verdict that includes punitive damages.