2025-2026 Regular Session • New York Legislature
A05405
Legislative Summary
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.
Demographic Impact
Overall analysis of equity impact
60% Positive
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
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Bill History
2/13/2025
referred to economic development
Assembly
5/13/2025
reported
Assembly
5/15/2025
advanced to third reading cal.151
Assembly
5/22/2025
passed assembly
Assembly
5/22/2025
delivered to senate
Assembly
5/22/2025
REFERRED TO CONSUMER PROTECTION
Senate
Roll Call Votes
Assembly Floor Vote - Final Passage
5/22/2025
138
Yea
0
Nay
0
Not Voting
12
Absent
Result: PASSED
Assembly Economic Development Committee: Favorable
5/13/2025
26
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Engrossed(5/22/2025)
Chamber
Senate
Committee
Consumer Affairs and Protection(Senate)
