NY S02166 | 2025-2026 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 15 2025 - 25% progression
Action: 2025-01-15 - REFERRED TO BANKS
Pending: Senate Banks Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 15 2025 - 25% progression
Action: 2025-01-15 - REFERRED TO BANKS
Pending: Senate Banks Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Enacts the "Excelsior Opportunity Accounts Act"; establishes a special fund for EO accounts within the department of financial services for certain eligible individuals born after December 31, 2027, who reside in the state, are under age 18, with household income not exceeding 700% of the poverty level; provides for contribution and investment of monies of fund.
Title
Enacts the "Excelsior Opportunity Accounts Act"; establishes a special fund for EO accounts within the department of financial services for certain eligible individuals born after December 31, 2027, who reside in the state, are under age 18, with household income not exceeding 700% of the poverty level; provides for contribution and investment of monies of fund.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-15 | Senate | REFERRED TO BANKS |
Same As/Similar To
A04086 (Same As) 2025-01-31 - referred to banks
