New York State Finance Law Article 11-A - INTEREST PAYMENTS ON CERTAIN AMOUNTS OWED BY STATE

• 179-d - Legislative Intent.
  Firms and organizations that do business with the state of New York expect and deserve to be paid in a prompt and timely manner. Unjustified...
• 179-e - Definitions.
  As used in this article, the following terms shall have the following meanings unless otherwise specified: 1. "Contract" means an enforceable agreement entered into by...
• 179-f - Determination of Eligibility for Payment of Interest on Amounts Owed to Contractors.
  1. Each state agency which is required to make a payment from state funds pursuant to a contract and which does not make such contract...
• 179-g - Computation of Interest Payment.
  Interest payments on amounts due to a contractor pursuant to this article shall be paid to the contractor for the period beginning on the day...
• 179-h - Determination of Appropriations Against Which Interest Payments are to Be Charged.
  Except in situations when federal law or the provisions of section one hundred seventy-nine-o of this article require otherwise, an interest payment required by this...
• 179-i - Exclusion of Interest From Reimbursement Rates.
  Any interest paid to a contractor pursuant to the provisions of this article shall not be included as revenue for the purposes of determining any...
• 179-j - Disclaimer of State Responsibility for Interest Payments Incurred by Contractors.
  In the event that an interest payment is made by a contractor in the course of transacting business with any entity other than a state...
• 179-k - Acceptance of Payment.
  The acceptance of payment, in whole or in part, by a contractor shall not be deemed to constitute a waiver of interest otherwise due under...
• 179-l - Provisions to Control.
  No contract entered into after July first, nineteen hundred eighty-four shall contain any provision requiring the payment of interest in a manner inconsistent with this...
• 179-m - Duties of the Comptroller.
  1. The state comptroller shall: a. Promulgate such rules and regulations as may be necessary to carry out the comptroller's responsibilities under this article. b....
• 179-n - Judicial Review.
  Any determination made by a state agency pursuant to subdivision three of section one hundred seventy-nine-f of this article shall be subject to judicial review...
• 179-o - Court Actions or Other Legal Processes.
  1. Notwithstanding any other provision of law to the contrary, the liability of the state government, insofar as incurring an obligation to make an interest...
• 179-p - Inapplicability of the Provisions.
  The provisions of this article shall not apply to payments due and owing by the state: 1. under the eminent domain procedure law; 2. as...

Last modified: February 3, 2019