Bill Text: NY A08454 | 2019-2020 | General Assembly | Introduced

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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

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                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