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2015 New York Laws
STF - State Finance
Article 11-A - (State Finance) INTEREST PAYMENTS ON CERTAIN AMOUNTS OWED BY STATE
179-J - Disclaimer of state responsibility for interest payments incurred by contractors.

NY State Fin L § 179-J (2015) What's This?
  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 agency, such interest shall not be an  obligation  of
  the  state  and  the  state  shall not reimburse the contractor for such
  interest, nor shall any moneys expended for such  interest  payments  be
  counted toward any matching requirement applicable to grants or payments
  of state funds unless expressly permitted by statute or regulation.

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