The bill amends section 2534 of the Revised Judicature Act of 1961, specifically addressing the costs associated with publishing legal notices and other judicial matters in newspapers. It establishes a maximum cost of $20.50 per folio for the first publication and $8.45 for subsequent publications, with minimum charges set at $59.00 for notices published twice or more, and $44.00 for single publications. Additionally, the bill mandates that the Department of Treasury adjust these rates based on the Consumer Price Index (CPI) from March 1, 2008, to June 1, 2017, and annually thereafter starting March 1, 2018.

The bill also includes provisions that prevent newspapers from charging higher rates for political notices compared to their commercial advertising rates for similar sizes. Notably, it removes references to the effective date of the previous amendment and the consumer price index, replacing them with specific dates and clarifications regarding the adjustments to be made. Overall, the bill aims to standardize and regulate the costs associated with legal publications while ensuring fairness in pricing for political advertisements.

Statutes affected:
Senate Introduced Bill: 600.2534