H-1390

   Amend House File 772 as follows:
   1.  Page 1, after line 31 by inserting: 
   <a.  “Inflation” means the annual percentage change in the United States department of labor, bureau of labor statistics, consumer price index for all urban consumers for the midwest region, all items, or its successor index.>
   2.  Page 1, line 32, by striking <a.> and inserting <b.>
   3.  Page 2, line 1, by striking <b.> and inserting <c.>
   4.  Page 2, line 8, after <dollars,> by inserting <as adjusted for inflation pursuant to subsection 3,>
   5.  Page 2, after line 9 by inserting: 
   <3.  a.  The limitation on damages set forth in subsection 2 shall be adjusted by the secretary of state for inflation as of January 1, 2023, and each January 1 every two years thereafter.
   b.  The secretary of state shall certify the adjusted limitation on damages within fourteen days after the appropriate information is available.
   c.  The adjustments made pursuant to this subsection shall be based on the cumulative annual adjustment for inflation for each year since the effective date of this Act.
   d.  The adjustments made pursuant to this subsection shall be rounded upward or downward to the nearest ten-dollar increment.
   e.  The applicable limitation on damages to a cause of action shall be the limitation in effect when the cause of action arises.>

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DEYOE of Story