16-204. Interest on judgments. Except as otherwise provided in accordance with law, and including any judgment rendered on or after July 1, 1973, against the state or any agency or political subdivision of the state:
(a) Any judgment rendered by a court of this state before July 1, 1980, shall bear interest as follows:
(1) On and after the day on which the judgment is rendered and before July 1, 1980, at the rate of 8% per annum;
(2) on and after July 1, 1980, and before July 1, 1982, at the rate of 12% per annum;
(3) on and after July 1, 1982, and before July 1, 1986, at the rate of 15% per annum; and
(4) on and after July 1, 1986, at the rate provided by subsection (e).
(b) Any judgment rendered by a court of this state on or after July 1, 1980, and before July 1, 1982, shall bear interest as follows:
(1) On and after the day on which the judgment is rendered and before July 1, 1982, at the rate of 12% per annum;
(2) on and after July 1, 1982, and before July 1, 1986, at the rate of 15% per annum; and
(3) on and after July 1, 1986, at the rate provided by subsection (e).
(c) Any judgment rendered by a court of this state on or after July 1, 1982, and before July 1, 1986, shall bear interest as follows:
(1) On and after the day on which the judgment is rendered and before July 1, 1986, at the rate of 15% per annum; and
(2) on and after July 1, 1986, at the rate provided by subsection (e).
(d) Any judgment rendered by a court of this state on or after July 1, 1986, shall bear interest on and after the day on which the judgment is rendered at the rate provided by subsection (e).
(e) (1) Except as otherwise provided in this subsection, on and after July 1, 1996, the rate of interest on judgments rendered by courts of this state pursuant to the code of civil procedure shall be at a rate per annum: (A) Which shall change effective July 1 of each year for both judgments rendered prior to such July 1 and judgments rendered during the twelve-month period beginning such July 1; and (B) which is equal to an amount that is four percentage points above the discount rate (the charge on loans to depository institutions by the New York federal reserve bank as reported in the money rates column of the Wall Street Journal) as of July 1 preceding the date the judgment was rendered. The secretary of state shall publish notice of the interest rate provided by this subsection (e) (1) not later than the second issue of the Kansas register published in July of each year.
(2) On and after the effective date of this act, the rate of interest on judgments rendered by courts of this state pursuant to the code of civil procedure for limited actions shall be 12% per annum.
(3) On and after July 1, 1996, it shall be presumed that applying interest at the rate of 10% per annum will result in the correct total of interest accrued on any judgments, regardless of when the judgments accrued, arising from a person's duty to support another person. The burden of proving that a different amount is the correct total shall lie with any person contesting the presumed amount.
History: L. 1889, ch. 164, § 4; R.S. 1923, 41-104; L. 1969, ch. 114, § 1; L. 1973, ch. 84, § 1; L. 1980, ch. 74, § 2; L. 1982, ch. 88, § 1; L. 1986, ch. 89, § 1; L. 1996, ch. 229, § 160; July 1.
Source or Prior Law:
L. 1863, ch. 33, § 4; G.S. 1868, ch. 51, § 5; K.S.A. 41-104.
NEW
2020 Amended and Repealed Statutes2020 SPECIAL SESSION
Information for Special Session 2020
LEGISLATIVE COORDINATING COUNCIL
4/1/2021
Meeting Notice
Agenda3/10/2021 Meeting Notice Agenda 12/30/2020 Meeting Notice Agenda 11/19/2020 Meeting Notice Agenda 9/16/2020 Meeting Notice Agenda 4/2/2020 Meeting Notice Agenda 3/29/2020 Meeting Notice Agenda 3/27/2020 Meeting Notice Agenda 3/24/2020 Meeting Notice Agenda LCC Policies REVISOR OF STATUTES
2020 Interim Committee Assignments
2020 Chapter 72 Statute Transfer List Kansas School Equity & Enhancement Act Gannon v. State General Information, Legal Analysis & Research 2019 Amended & Repealed Statutes 2018 Amended & Repealed Statutes 2017 Amended & Repealed Statutes 2016 Amended & Repealed Statutes 2015 Amended & Repealed Statutes 2014 Amended & Repealed Statutes 2013 Amended & Repealed Statutes USEFUL LINKS
Session Laws
OTHER LEGISLATIVE SITES
Kansas LegislatureAdministrative Services Division of Post Audit Research Department |