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IL HB3876
Bill
Status
2/19/2021
Primary Sponsor
LaShawn Ford
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AI Summary
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Eliminates interest accrual on judgments arising from child support orders, changing them from bearing monthly interest calculated at one-twelfth of the statutory rate to bearing no interest.
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Modifies Section 2-1303 of the Code of Civil Procedure to exclude child support judgments from the standard 9% per annum interest rate applied to other court judgments.
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Modifies Section 12-109 to explicitly state that judgments from child support orders shall not bear interest, removing the previous detailed provisions for calculating monthly interest on unpaid child support balances.
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Applies to all child support judgments entered after the effective date of the amendment from the 101st General Assembly.
Legislative Description
CHILD SUPPORT ARREARS-INTEREST
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/27/2021