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S04564Introduced in the Senate

Establishes the New York baby opportunity fund which deposits $1,000 into an account managed by the state comptroller to be available to eligible children when they reach the age of 18; provides such funds be used for education costs, the purchase of real estate, or entrepreneurship.

IntroducedSenate Finance

Introduced by Jamaal Bailey, District 36

What does this bill do?

Plain-English breakdown

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Official description

Establishes the New York baby opportunity fund which deposits $1,000 into an account managed by the state comptroller to be available to eligible children when they reach the age of 18; provides such funds be used for education costs, the purchase of real estate, or entrepreneurship.

Where it stands

REFERRED TO FINANCE

January 7, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. REFERRED TO FINANCE

  2. REFERRED TO FINANCE

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