Arkansas Senate agrees to let voters decide on constitutional amendment limiting punitive damages

Arkansas could soon join the ranks of states that place a ceiling on punitive damages.  This article from the Magnolia Reporter of Arkansas reports that the Arkansas Senate voted in favor of a resolution (SJR8) that will ask the voters of Arkansas whether to amend that state’s constitution to impose a cap on punitive damages.  The amendment would limit punitive damages to the greater of $250,000 or three times compensatory damages.