NY A04065 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 9 2023 - 25% progression
Action: 2024-01-03 - referred to banks
Pending: Assembly 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, 2025, 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.

Tracking Information

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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, 2025, 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

DateChamberAction
2024-01-03Assemblyreferred to banks
2023-02-09Assemblyreferred to banks

Same As/Similar To

S00953 (Same As) 2024-01-03 - REFERRED TO BANKS

New York State Sources


Bill Comments

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