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NY A11223
Bill
Status
Introduced
5/1/2026
Primary Sponsor
Pamela Hunter
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AI Summary
Legislative Description
Increases the interest rate for late payments due on construction contracts from one to two percent; includes a change order as part of the definition of construction contract; defines change order; repeals exceptions for lower Manhattan construction contracts.
Last Action
referred to governmental operations
5/1/2026
Committee Referrals
Governmental Operations5/1/2026
Full Bill Text
No bill text available