Skip to main content
CivicGate

S 10020 NY

Increases the interest rate for late payments due on construction contracts; repealer

NY · session 2025-2026 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Apr 22, 2026

Latest action (Apr 22, 2026) REFERRED TO CONSUMER PROTECTION

Summary

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.

Sponsor (1)

Action history (1)
  1. Apr 22, 2026 REFERRED TO CONSUMER PROTECTION · upper

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • S10020 · HTML
  • S10020 · PDF

Full text

The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.

Comments

Comments

Loading comments…

Data from OpenStates. View on OpenStates →