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NY S06577

Bill

Official Source

Status

Passed

12/17/2014

Primary Sponsor

Michael Ranzenhofer

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • Amends Public Authorities Law Section 1744 to modify the timeline for when claims arising from contracts with the NYC School Construction Authority accrue
  • Specifies that for actions seeking monies due under contract, the claim accrual date is when payment was denied rather than when the underlying event occurred
  • Maintains existing requirements that claimants must provide written, verified notice to the authority within three months of claim accrual and wait at least 30 days before commencing action
  • Preserves the one-year statute of limitations for commencing actions or proceedings against the authority
  • Takes effect immediately and applies to contracts executed on or after the enactment date

Legislative Description

Relates to claims and actions against the New York city school construction authority arising out of contracts.

Last Action

SIGNED CHAP.519

12/17/2014

Committee Referrals

Ways and Means6/9/2014
Corporations, Authorities and Commissions2/7/2014

Full Bill Text

No bill text available