S 953 New York Senate · 2023 Regular Session

Enacts the "Excelsior Opportunity Accounts Act"

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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2023 Last action Jan 3, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 3, 2024
Senate · Referred to committee
REFERRED TO BANKS
Jan 9, 2023
Senate · Referred to committee
REFERRED TO BANKS
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jeremy Cooney
Jeremy Cooney
DDemocratic/Working Families
NY
56