CJAC today announced the introduction of a bill that would help California's economic recovery by making legal damages fairer and more predictable, while protecting the compensation that injured parties receive in a lawsuit.
Assembly Bill 8X 40, authored by Assemblyman Roger Niello (R-Fair Oaks) and sponsored by CJAC, focuses on setting limits on punitive damages that can be added to the money an injured person receives to cover medical bills and related pain and suffering, property damage, lost earnings, and other actual losses.
"This bill is a fair, sensible solution to the problem of unpredictable jackpot awards, which drive up the cost of goods and services for all Californians and is yet another barrier to economic growth and job creation in a state that needs both," said CJAC President John H. Sullivan.