On Friday, January 18, 2013, Governor Quinn signed HB 5151 into law. It is now Public Act 97-1145. It includes the following provisions:
1. Medical Malpractice Contingency Fee Revision
- Provides for a 33 1/3% maximum contingent attorneys fee.
2. Cleanup Language
- Simplifies the Code of Civil Procedure and eliminates confusion by removing sections or language held to be unconstitutional by the Illinois Supreme Court.
3. Supersedeas Bonds Limitation
- Limits the collective bond requirement of appellants of the Tobacco Settlement to $250,000,000 while the appellate review is completed.
HB 5151 was sponsored in the Senate by Senators Clayborne, Harmon and Sandoval.
HB 5151 was sponsored in the House by Speaker Madigan and Representatives Currie, Thapedi, William Davis, Flowers and Beiser.
Click here for a full text of Public Act 97-1145.
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