New York · 2025 Regular Session · Bill
A 7807: Authorizes fiat-collateralized stablecoins as a form of bail
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 7807 is a bill introduced in the New York House on April 11, 2025. According to its official title, it concerns: Authorizes fiat-collateralized stablecoins as a form of bail. Primary sponsor: Latrice Walker (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO CODES.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Authorizes fiat-collateralized stablecoins as a form of bail; directs the commissioner of taxation and finance, in conjunction with the chief justice of the unified court system and the director of the office of information technology services, to promulgate rules and regulations identifying forms of fiat-collateralized stablecoin acceptable for posting bail to establish a system for the administration of the acceptance, recording and processing of stablecoins as a means of securing bail.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Latrice Walker | Primary sponsor | Democratic | House | 55 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO CODES
- REFERRED TO CODES