S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5633
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 18, 2025
                                ___________
 
 Introduced by M. of A. HUNTER -- read once and referred to the Committee
   on Labor
 
 AN  ACT to amend the general business law, in relation to the definition
   of construction contracts
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Subdivision 1 of section 756 of the general business law,
 as amended by chapter 417 of the laws of 2009, is  amended  to  read  as
 follows:
   1.  "Construction  contract" means a written or oral agreement for the
 construction, reconstruction, alteration, maintenance, moving or demoli-
 tion of any building, structure or improvement, or relating to the exca-
 vation of or other development or improvement to  land,  and  where  the
 aggregate   cost  of  the  construction  project  including  all  labor,
 services, materials and equipment to be furnished, equals or exceeds one
 hundred fifty thousand dollars. For  the  purposes  of  this  article  a
 construction  contract  shall  not  include  any  such contract made and
 awarded by the state, any public department, any public  benefit  corpo-
 ration,  any  public  corporation  or  official  thereof, or a municipal
 corporation or official thereof for construction, reconstruction, alter-
 ation, repair, maintenance, moving or demolition  of  any  public  works
 project  nor  any  contract  with a contractor or subcontractor which is
 part of such project; or any such contract the purpose of which  is  the
 construction, reconstruction, alteration, repair, maintenance, moving or
 demolition  of an individual one, two or three family residential dwell-
 ing or a residential tract development of one hundred or less one or two
 family dwellings, or any  residential  construction  project  where  the
 aggregate size of such project is four thousand five hundred square feet
 or  less,  or  any residential project [of fewer than seventy-five units
 which receives financial assistance from  the  federal  government,  the
 state  or  a municipal entity designed for households earning an average

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09474-01-5
              

 A. 5633                             2

 of one hundred twenty-five percent of the housing and urban  development
 agency  area  median  income]  THAT INCLUDES OR WILL INCLUDE RESIDENTIAL
 DWELLING UNITS THAT MUST BE AFFORDABLE TO RESIDENTS AT A SPECIFIC INCOME
 LEVEL  PURSUANT  TO  A  STATUTE,  REGULATION, RESTRICTIVE DECLARATION OR
 PURSUANT TO A REGULATORY AGREEMENT  WITH  A  FEDERAL,  STATE,  OR  LOCAL
 GOVERNMENT ENTITY.
   § 2. This act shall take effect immediately.