Bill > S06449

This bill amends the New York Civil Practice Law and Rules to modify how interest is calculated and recovered in certain legal cases. Specifically, the bill expands the types of cases where interest can be recovered to explicitly include bodily injury claims, which was not previously specified in the law. The bill mandates that in bodily injury cases, interest shall be computed from the date of injury or loss, giving judges and courts clear guidance on when to start calculating interest. Additionally, the bill maintains existing provisions that allow courts discretion in determining interest rates and computation dates for equitable actions, while ensuring that the specific date of interest calculation must be specified in the verdict, report, or court decision. If a jury does not specify the date, the court can fix the date upon motion, or the court clerk can do so if the date is certain and undisputed. The interest amount will continue to be computed by the court clerk up to the date the verdict was rendered and included in the total sum awarded. The act is set to take effect immediately upon passage.

Justice

https://www.nysenate.gov/legislation/bills/2025/S6449