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S3182Senate2011-2012 SessionSame asA5025

Amends the dates for filing a claim and commencing an action on a bond

Sponsor John A. DeFranciscoSD-50+1 co-sponsorAffects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

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

1 Co-sponsor

History

  1. Signed chap.380
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading rules cal.50
  6. Substituted for A5025
  7. Referred to ways and means
  8. Delivered to assembly
  9. Passed senateVote 60–0
  10. Advanced to third reading
  11. 2nd report cal.
  12. 1st report cal.582
Show 1 earlier action
  1. Referred to finance

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.

A5025Assembly

Amends the dates for filing a claim and commencing an action on a bond

Assembly Floor Calendar · Sponsor Michael Cusick

Full text

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

Sponsor's memo

BILL NUMBER:S3182

Title of bill

An act to amend the state finance law, in relation to amending the date for commencing an action on a bond

Purpose or general idea of bill

To correct ambiguities in Section 137 of the State Finance Law.

Summary of specific provisions

Section one amends Section 137(4) (b) of the State Finance Law to clarify the dates for commencing an action on a payment bond under Section 137.

Justification

Recent New York State court decisions (WINDSOR METAL FABRICATORS LTD. V. GENERAL ACCIDENT, 94 N.Y.2D 90 (1990) AND PHELPS GUIDE RAIL V. UNITED STATES FIDELITY AND GUARANTY COMPANY AND MIDSTATE CONSTRUCTION SERVICES. INC., Supreme Court, Jefferson County, Memorandum Decision and Order (June 10, 2004) have brought to light certain ambiguities in Section 137 of the State Finance Law. This bill addresses and corrects those ambiguities.

Prior legislative history

2010: Passed Assembly 2008: A.9541 Passed Assembly 2006: A.10207 Ways and Means

Fiscal implications

None.

Effective date

Immediately.

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