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NY S09428
Bill
Status
Introduced
3/11/2026
Primary Sponsor
Christopher Ryan
Click for details
AI Summary
- Voids contract provisions that condition a subcontractor's or material supplier's right to commence lawsuits or arbitration proceedings for breach of contract or quantum meruit claims in construction-related contracts
- Expands existing New York General Obligations Law Section 5-322.1, which already prohibits conditioning the right to file claims or commence payment bond actions
- Applies to contracts involving construction, alteration, repair, maintenance, demolition, and excavating of buildings and structures
- Excludes insurance contracts, workers' compensation agreements, and agreements issued by admitted insurers from these restrictions
- Takes effect immediately upon enactment and applies to all contracts entered into, renewed, modified, or amended after the effective date
Legislative Description
Voids agreements conditioning the right of a subcontractor's or material supplier's right to commence a lawsuit or arbitration proceeding for breach of contract or quantum meruit.
Last Action
REFERRED TO JUDICIARY
3/11/2026
Committee Referrals
Judiciary3/11/2026
Full Bill Text
No bill text available