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A02199 Text:

                STATE OF NEW YORK
                               2021-2022 Regular Sessions
                   IN ASSEMBLY
                                    January 14, 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 upon judgment
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 5003 of the civil practice law and rules is amended
     2  to read as follows:
     3    § 5003. Interest upon judgment.    Every  money  judgment  shall  bear
     4  interest  from  the date of its entry; provided that where summary judg-
     5  ment is denied to a plaintiff, which denial is  thereafter  reversed  on
     6  appeal  and  granted  in  favor  of  such  plaintiff, any money judgment
     7  entered in favor of the plaintiff thereafter shall  bear  interest  from
     8  the  date  of entry of the prior denial of such motion for summary judg-
     9  ment as if summary judgment had in fact been granted to  such  plaintiff
    10  in the first instance.  Every order directing the payment of money which
    11  has  been  docketed  as  a judgment shall bear interest from the date of
    12  such docketing.
    13    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
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