New York · 2025 Regular Session · Bill
S 4564: Establishes the New York baby opportunity fund
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 4564 is a bill introduced in the New York Senate on February 7, 2025. According to its official title, it concerns: Establishes the New York baby opportunity fund. Primary sponsor: Jamaal Bailey (Democratic/Working Families). It lists 1 additional sponsor. 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 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.
Sponsors
Sponsors by party (alphabetical): Democratic/Working Families 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jamaal Bailey | Primary sponsor | Democratic/Working Families | Senate | 36 |
| Brad Hoylman-Sigal | Co-sponsor | Not applicable (committee) | — | — |
“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 FINANCE
- REFERRED TO FINANCE