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Assembly bill · A11594 (2025-26)

Establishes state-facilitated investment accounts for individuals under the age of eighteen

New York State Assembly

Latest action Jun 5, 2026

Sponsor: Philip Palmesano (Assembly Member, District 132, Republican)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data

Summary

Establishes state-facilitated investment accounts for individuals under the age of eighteen; creates a tax deduction for certain contributions to such investment accounts.

Summary from NY Open Legislation. How we handle summaries

Amends the Economic Development Law.

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Ways and Means · New York State Assembly

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Full history

  1. Jun 5, 2026

    Referred to committee

    REFERRED TO WAYS AND MEANS

    NY Assembly

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