republic-os/legislation/us/states/ny/2021-2022/a-164.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Relates relation to the discontinuance of the London interbank offered rate	Enacts provisions relating to the discontinuance of LIBOR (the London interbank offered rate); prohibits parties from refusing to perform contractual obligations or declaring a breach of contract as a result of the discontinuance of LIBOR or the use of a replacement; establishes that the replacement is a commercially reasonable substitute for and a commercially substantial equivalent to LIBOR; provides a safe harbor from litigation for the use of the recommended benchmark replacement.	us/states/ny	New York Legislature	2021-2022	A 164	New York A 164 (2021-2022)	bill		enacted	ZEBROWSKI	3	18	2	2021-01-06	2021-04-06	openstates	ocd-bill/9e7b3834-056e-4420-87b0-c747d8aa679e	http://www.nysenate.gov/legislation/bills/2021/A164	c2e118a6a4c727419c124a8835ee74e59ba67c11f136e1d36be9e4624f1188ef	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ny

New York A 164 (2021-2022) — Relates relation to the discontinuance of the London interbank offered rate

Enacts provisions relating to the discontinuance of LIBOR (the London interbank offered rate); prohibits parties from refusing to perform contractual obligations or declaring a breach of contract as a result of the discontinuance of LIBOR or the use of a replacement; establishes that the replacement is a commercially reasonable substitute for and a commercially substantial equivalent to LIBOR; provides a safe harbor from litigation for the use of the recommended benchmark replacement.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. A164 (committee substitute) — source
2. A164A (committee substitute) — source
3. A164B (committee substitute) — source

Votes

• Assembly Vote — 149–0 (pass) · lower
• Floor Vote - Version: B — 62–1 (pass) · upper

Sponsors

• ZEBROWSKI — primary (person)
• GRIFFIN — cosponsor (person)
• MCDONALD — cosponsor (person)
• RAJKUMAR — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2021-01-06 REFERRED TO JUDICIARY referral-committee
• 2021-03-09 AMEND (T) AND RECOMMIT TO JUDICIARY amendment-passage, referral-committee
• 2021-03-09 PRINT NUMBER 164A amendment-passage
• 2021-03-11 AMEND AND RECOMMIT TO JUDICIARY amendment-passage, referral-committee
• 2021-03-11 PRINT NUMBER 164B amendment-passage
• 2021-03-24 REPORTED REFERRED TO RULES referral-committee
• 2021-03-24 REPORTED
• 2021-03-24 RULES REPORT CAL.43
• 2021-03-24 ORDERED TO THIRD READING RULES CAL.43
• 2021-03-24 PASSED ASSEMBLY passage
• 2021-03-24 DELIVERED TO SENATE
• 2021-03-24 REFERRED TO JUDICIARY referral-committee
• 2021-03-24 SUBSTITUTED FOR S297B
• 2021-03-24 3RD READING CAL.523
• 2021-03-24 PASSED SENATE passage
• 2021-03-24 RETURNED TO ASSEMBLY
• 2021-04-01 DELIVERED TO GOVERNOR executive-receipt
• 2021-04-06 SIGNED CHAP.94 executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/9e7b3834-056e-4420-87b0-c747d8aa679e. Confidence: reported (aggregated from official New York legislature records).