House
File
772
H-1390
Amend
House
File
772
as
follows:
1
1.
Page
1,
after
line
31
by
inserting:
2
<
a.
“Inflation”
means
the
annual
percentage
change
in
the
3
United
States
department
of
labor,
bureau
of
labor
statistics,
4
consumer
price
index
for
all
urban
consumers
for
the
midwest
5
region,
all
items,
or
its
successor
index.
>
6
2.
Page
1,
line
32,
by
striking
<
a.
>
and
inserting
<
b.
>
7
3.
Page
2,
line
1,
by
striking
<
b.
>
and
inserting
<
c.
>
8
4.
Page
2,
line
8,
after
<
dollars,
>
by
inserting
<
as
9
adjusted
for
inflation
pursuant
to
subsection
3,
>
10
5.
Page
2,
after
line
9
by
inserting:
11
<
3.
a.
The
limitation
on
damages
set
forth
in
subsection
2
12
shall
be
adjusted
by
the
secretary
of
state
for
inflation
as
of
13
January
1,
2023,
and
each
January
1
every
two
years
thereafter.
14
b.
The
secretary
of
state
shall
certify
the
adjusted
15
limitation
on
damages
within
fourteen
days
after
the
16
appropriate
information
is
available.
17
c.
The
adjustments
made
pursuant
to
this
subsection
shall
18
be
based
on
the
cumulative
annual
adjustment
for
inflation
for
19
each
year
since
the
effective
date
of
this
Act.
20
d.
The
adjustments
made
pursuant
to
this
subsection
shall
be
21
rounded
upward
or
downward
to
the
nearest
ten-dollar
increment.
22
e.
The
applicable
limitation
on
damages
to
a
cause
of
action
23
shall
be
the
limitation
in
effect
when
the
cause
of
action
24
arises.
>
25
______________________________
DEYOE
of
Story
-1-
HF
772.2046
(2)
89
cm/jh
1/
1
#1.
#2.
#3.
#4.
#5.