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A01950 Summary:

BILL NOA01950
 
SAME ASNo Same As
 
SPONSORCruz
 
COSPNSR
 
MLTSPNSR
 
Amd 5001, CPLR
 
Relates to interest to be recovered upon a sum awarded in certain circumstances.
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A01950 Actions:

BILL NOA01950
 
01/13/2021referred to codes
01/05/2022referred to codes
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A01950 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1950
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                    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:

     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.
                                                                   LBD05038-01-1
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