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NY A11223

Bill

Status

Introduced

5/1/2026

Primary Sponsor

Pamela Hunter

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Origin

Assembly

2025-2026 General Assembly

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