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S3179Senate2011-2012 SessionSame asA5022

Relates to lien filings for retainage

Sponsor John A. DeFranciscoSD-50Affects Legal
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A5022

What's happening

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Who cares

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Sponsors

Primary sponsor
John A. DeFrancisco

Senator · Senate District 50

Chair, Finance

No co-sponsors yet.

History

  1. Substituted by A5022
  2. Advanced to third reading
  3. 2nd report cal.
  4. 1st report cal.356
  5. Referred to judiciary

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A5022Assembly

Relates to lien filings for retainage

Signed by Governor · Sponsor Michael Cusick

Signed into law

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S3179

Title of bill

An act to amend the lien law, in relation to lien filings for retainage

Purpose or general idea of bill

This bill amends the lien law to provide a time period for filing a lien for retainage on private jobs.

Summary of specific provisions

Section 1 amends section 10 of the lien law by adding the provision, "and provided further where the notice of lien is for retainage, the notice of lien may be filed within 90 days after the date the retainage was due to be released."

Justification

Currently, subcontractors who wait for their retainage to be released on private jobs will lose their lien rights as the waiting time will exceed the 8 month statute of limitations for filing a lien. This bill will cure this inequity by allowing the subcontractor a reasonable time period to file a lien for retainage.

Prior legislative history

2010: A.9850 died in Judiciary; S.6769 Passed Senate.

Fiscal implications

None.

Effective date

This act shall take effect immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.