States / New York / A 5405

A 5405 Enacted

Relates to void provisions in construction contracts

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
House
Introduced
Feb 13, 2025
Last action
Dec 19, 2025 — APPROVAL MEMO.36
Session
2025-2026
Momentum
84 · Very high