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We have received revised interest rate information for charging interest on Florida Judgments.
Florida Judgments Interest
The interest rate established for the quarter beginning January 1, 2016 has been set at 4.75 percent per annum or .0129781 percent per day (.000129781 expressed as a decimal), pursuant to section 55.03(1), F.S. The daily rate considers that 2016 is a leap year, and is calculated by dividing the annual rate by 366 days. The interest rate for payments to health care providers remains at 1% per month or .03333 percent per day (.0003333 expressed as a decimal), pursuant to Section 215.422(13), F.S. The current and historical interest rates are located on the Internet at http://www.myfloridacfo.com/aadir/interest.htm