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New York · 2025 Regular Session · Bill

S 4127: Creates the New York state social impact bond initiative

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 4127 is a bill introduced in the New York Senate on February 3, 2025. According to its official title, it concerns: Creates the New York state social impact bond initiative. Primary sponsor: Kevin Parker (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO FINANCE.

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.

Establishes a statewide pilot program modeled after the NYC social impact bond project to lower recidivism and improve the lives of 16-18 year olds in New York's correctional facilities.

Sponsors

Sponsors by party (alphabetical): Democratic/Working Families 1

NameRolePartyChamberDistrict
Kevin ParkerPrimary sponsorDemocratic/Working FamiliesSenate21

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO FINANCE
  2. REFERRED TO FINANCE

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source