Bill Text: NY A08454 | 2019-2020 | General Assembly | Introduced
Bill Title: Relates to interest to be recovered upon a sum awarded in certain circumstances.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-01-08 - referred to codes [A08454 Detail]
Download: New_York-2019-A08454-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8454 2019-2020 Regular Sessions IN ASSEMBLY July 8, 2019 ___________ Introduced by M. of A. CRUZ -- read once and referred to the Committee on Codes AN ACT to amend the civil practice law and rules, in relation to inter- est to be recovered upon a sum awarded in certain circumstances The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision (a) of section 5001 of the civil practice law 2 and rules is amended to read as follows: 3 (a) Actions in which recoverable. Interest shall be recovered upon a 4 sum awarded because of a breach of performance of a contract, or because 5 of an act or omission depriving or otherwise interfering with title to, 6 or possession or enjoyment of, property, or for personal injury, except 7 that in an action of an equitable nature, interest and the rate and date 8 from which it shall be computed shall be in the court's discretion. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13428-01-9