Assembly Bill A1950

2021-2022 Legislative Session

Relates to interest to be recovered upon a sum awarded in certain circumstances

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Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2021-A1950 (ACTIVE) - Details

Current Committee:
Assembly Codes
Law Section:
Civil Practice Law and Rules
Laws Affected:
Amd §5001, CPLR
Versions Introduced in 2019-2020 Legislative Session:
A8454

2021-A1950 (ACTIVE) - Summary

Relates to interest to be recovered upon a sum awarded in certain circumstances.

2021-A1950 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1950
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 13, 2021
                                ___________
 
 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:

   Section 1. Subdivision (a) of section 5001 of the civil  practice  law
 and rules is amended to read as follows:
   (a)  Actions  in which recoverable. Interest shall be recovered upon a
 sum awarded because of a breach of performance of a contract, or because
 of an act or omission depriving or otherwise interfering with title  to,
 or  possession or enjoyment of, property, OR FOR PERSONAL INJURY, except
 that in an action of an equitable nature, interest and the rate and date
 from which it shall be computed shall be in the court's discretion.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05038-01-1

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