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A02199 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 2199 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. LBD02573-01-1