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S05655Introduced in the Senate

Voids provisions in construction contracts requiring retainage as expressly provided for by section seven hundred fifty-six-c of the general business law in an amount exceeding five percent of the contract sum.

Introduced

Introduced by Christopher Ryan, District 50

What does this bill do?

Plain-English breakdown

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Official description

Voids provisions in construction contracts requiring retainage as expressly provided for by section seven hundred fifty-six-c of the general business law in an amount exceeding five percent of the contract sum.

Where it stands

SUBSTITUTED BY A5405

June 11, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. REFERRED TO CONSUMER PROTECTION

  2. 1ST REPORT CAL.1412

  3. 2ND REPORT CAL.

  4. ADVANCED TO THIRD READING

  5. SUBSTITUTED BY A5405

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