Amends the dates for filing a claim and commencing an action on a bond; provides that no action on a payment bond after the expiration of one year from the date on which the public improvement has been completed and accepted by the public owner.

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Sponsor: Cusick (MS) / Multi-sponsor(s): Rivera P / Co-sponsor(s): Magnarelli, Titone, Robinson
Law Section: State Finance Law / Law: Amd S137, St Fin L