Previously, Florida's Chief Financial Officer established the post-judgment interest rate on an annual basis. However, beginning July 1, 2011, the CFO sets the interest rate on December 1, March 1, June 1, and September 1 of each year.
The interest rates for 2011 and the first quarter of 2012 are listed below by date:
- 01/01/2011-09/30/2011: 6%
- 10/01/2011-12/31/2011: 4.75%
- 01/01/2012-03/31/2012: 4.75%
A post when the 2011 statutory rate of interest was announced can be viewed HERE.
A post when the 2010 statutory rate of interest was announced can be viewed HERE.