Fiscal Note

SB0105S01 - Motor Vehicle Accident Arbitration Amendments

State Impact:
This bill may entice up to 200 motor vehicle accident cases into arbitration. The court fees required in arbitration cases are about the same as those litigated. The amount of time spent on an arbitration case is reduced for judges and attorneys and remains the same for others such as paralegals, clerks and secretaries. Total time savings could be significant but there are too many variables for a reliable estimate.

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Businesses and individuals may be impacted due to proposed changes in award limits.

2/25/2010, 11:25:57 AM, Lead Analyst: Ricks, G./Attny: SCHOffice of the Legislative Fiscal Analyst