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New York · 2025 Regular Session · Bill

A 11223: Increases the interest rate for late payments due on construction contracts; repealer

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

A 11223 is a bill introduced in the New York House on May 1, 2026. According to its official title, it concerns: Increases the interest rate for late payments due on construction contracts; repealer. Primary sponsor: Pamela Hunter (Democratic). Most recent recorded action (May 1, 2026): REFERRED TO GOVERNMENTAL OPERATIONS.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Increases the interest rate for late payments due on construction contracts from one to two percent; includes a change order as part of the definition of construction contract; defines change order; repeals exceptions for lower Manhattan construction contracts.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Pamela HunterPrimary sponsorDemocraticHouse128

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO GOVERNMENTAL OPERATIONS

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source