AZ HB2349

Amends Arizona Revised Statutes section 12-352 regarding interest payments on medical malpractice judgments in contested actions.

Awards prevailing parties interest at a rate equal to three percentage points above the federal postjudgment interest rate in effect on the date judgment is entered.

Interest accrues only from the date judgment is entered until paid, and does not accrue if judgment is reversed or set aside.

Adjusts the interest rate on June 30 and December 31 each year to reflect changes in the federal postjudgment interest rate, with a maximum rate cap of nine percent.

Defines "federal postjudgment interest rate" as the rate established for the federal court system under 28 United States Code section 1961.