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HB24-1472

Raise Damage Limit Tort Actions

Concerning matters related to certain tort actions, and, in connection therewith, increasing the cap on noneconomic damages, allowing siblings to bring a wrongful death action in certain circumstances, increasing a wrongful death damages cap, increasing the medical malpractice wrongful death damages cap, and increasing the medical malpractice noneconomic damages cap.
Session:
2024 Regular Session
Subject:
Courts & Judicial
Bill Summary

For civil actions filed on or after January 1, 2025, the act increases the cap on damages for noneconomic loss or injury from $250,000 to $1.5 million, and, starting January 1, 2028, and every 2 years thereafter, adjusts the damages cap based on inflation.

Current law specifies who may sue for wrongful death. The act adds a sibling of the deceased as a party who may bring a wrongful death action in certain circumstances.

The act imposes a wrongful death damages cap of $2.125 million, and, starting January 1, 2028, and every 2 years thereafter, adjusts the damages cap based on inflation.

Beginning January 1, 2025, the act incrementally increases the medical malpractice wrongful death damages limitation to $1.575 million over the course of 5 years. Thereafter, the cap is adjusted biennially for inflation.

Existing law limits the amount recoverable for noneconomic damages in medical malpractice actions to $300,000. Beginning January 1, 2025, the act incrementally increases the noneconomic damages limitation to $875,000 over the course of 5 years. Thereafter, the cap is adjusted biennially for inflation.

APPROVED by Governor June 3, 2024

EFFECTIVE January 1, 2025
(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

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Bill Text

August 2024 Special Session Deadlines and Guidelines

2024 Special Session Bills Authorized by Sponsors for Pre-release

RFP Conduct the 2025 Colorado Property Assessment Study (submit by 3:00 pm, 9/13/2024)

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details