The bill amends the Code of Civil Procedure regarding motions for judgment on offers of judgment, specifically focusing on the timing and conditions under which such offers can be made and accepted. It establishes that a party may serve an offer of judgment after an opportunity for adequate discovery and not less than twenty days before the trial date. The offer must be in writing, clearly stating the total settlement amount and whether it includes costs, interest, and attorney fees. The confidentiality of the offer is maintained unless accepted, and either party can move for judgment if the offer is accepted within ten days.
Additionally, the bill introduces a provision that requires the offeree to pay the offeror's costs, excluding attorney fees, if the final judgment is at least twenty-five percent less than the offer made by the defendant or at least twenty-five percent greater than the offer made by the plaintiff. It also specifies that if the final judgment is in favor of the defendant-offeror, the same cost obligation applies. This amendment aims to clarify the terms and conditions surrounding offers of judgment and the associated financial responsibilities of the parties involved.