Massachusetts General Laws

Mass. Gen. Laws ch. 231, § 6I (2026)

Interest rate; schedule

✓ current as of July 2026
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Section 6I. Interest required to be paid by the commonwealth pursuant to this section shall be calculated at a Weekly average one-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding date of the judgment; provided, however, that such interest shall not exceed the rate of ten percent per annum. The secretary of administration and finance shall maintain a schedule of the rate described above for the distribution to all clerks of courts.

Notes of Decisions
Cited in 4 cases (2 in the last 5 years), 2001–2023 · leading case: Sec'y of Admin. & Fin. v. Labor Relations Comm'n, 749 N.E.2d 137 (Mass. 2001).
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Sec'y of Admin. & Fin. v. Labor Relations Comm'n, 749 N.E.2d 137 (Mass. 2001). · cites it 6× “231, § 6B, 1 2rather than the “floating” rate, pursuant to G. L. c. 231, § 6I 2 ; and (2) specifying that the interest on the awarded amount shall be compounded quarterly.”
Grand Manor Condo. Ass'n & Others v. City of Lowell., 100 Mass. App. Ct. 765 (Mass. App. Ct. 2022). · cites it 2× “G. L. c. 231, § 6I. The city contends that G.”
Greene v. Philip Morris USA Inc. (Mass. 2023). · cites it 2× “" See G. L. c. 231, § 6I (judgments against Commonwealth);17 G.”
Chase v. Commonwealth Emp't Relations Bd., 89 N.E.3d 1205 (Mass. App. Ct. 2017). “"Ruling on Motion for Clarification" of the earlier May 18, 2012, decision and order, the board clarified that the union was to "make [the plaintiff] whole" by compensating him for the thirty-four days of lost wages "he would have received from November 30, 2006, his final day…”
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