A4086 (2025-26 session)

NY State bill

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"
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Banks
Introduced
2025-01-31
Same as
S2166
Law section
Banking Law

Sponsors

Heard in committee

Sources