STATE OF NEW YORK
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8110
IN SENATE
January 25, 2022
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Introduced by Sen. CLEARE -- read twice and ordered printed, and when
printed to be committed to the Committee on Judiciary
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. Subdivisions (a) and (c) of section 5001 of the civil prac-
2 tice law and rules are 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 bodily 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 (c) Specifying date; computing interest. The date from which interest
10 is to be computed shall be specified in the verdict, report or decision.
11 In all cases involving bodily injury, the interest shall be computed
12 from the date of injury or loss. If a jury is discharged without speci-
13 fying the date, the court upon motion shall fix the date, except that
14 where the date is certain and not in dispute, the date may be fixed by
15 the clerk of the court upon affidavit. The amount of interest shall be
16 computed by the clerk of the court, to the date the verdict was rendered
17 or the report or decision was made, and included in the total sum
18 awarded.
19 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05038-02-1