Sponsor · State Senator, District 14 · Democratic
Senate bill · S3861 (2025-26)
Authorizes the study of the number of senior citizens in New York state who have filed for bankruptcy in the past ten years
Summary
Authorizes the study of the number of senior citizens in New York state who have filed for bankruptcy in the past ten years; provides that the director of the office for the aging shall deliver a copy of the findings of the study conducted and any legislative recommendations to the governor and the legislature.
Your position on this bill
Not chosen yet
Where it stands
Out of committee and scheduled for a vote by the full chamber.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
New York State Senate
Same as A4535, the matching bill in the Assembly.
Committee
Aging · New York State Assembly
Also referred to Aging · New York State Senate.
Purpose, from the sponsor's memo
To direct the office for the aging to provide analysis for the underly- ing causes which have resulted in bankruptcy filings among senior citi- zens in New York.
Filed with the bill. Read it on nysenate.gov (opens in a new tab)
Cosponsors
The sponsor's argument
Why Leroy Comrie says this is needed
Across the country, there has been a significant rise in the number of senior citizens filing for bankruptcy in recent years. There are many financial burdens affecting seniors, including increasing medical costs, loss of family members, and high levels of debt carried over into retirement. Conducting a study of senior bankruptcy will allow us to determine the scope of the problem in our state and identify underlying causes to address in order to protect New Yorkers nearing retirement. This bill is an important first step towards an informed, comprehensive legislative solution to prevent bankruptcy among the elderly and support the financial health of seniors throughout our state.
This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.
Full history
- Mar 4, 2026
Reported out of committee
REPORTED REFERRED TO WAYS AND MEANS
NY Assembly
- Jan 7, 2026
Referred to committee
REFERRED TO AGING
NY Assembly
- Jan 7, 2026
Referred to committee
REFERRED TO AGING
NY Senate
- Feb 4, 2025
Referred to committee
REFERRED TO AGING
NY Assembly
- Jan 30, 2025
Referred to committee
REFERRED TO AGING
NY Senate
About this record
- Summary
The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.
- Cosponsors
The list shows the cosponsors who are on Agora, A to Z. The official record may list more.
- Party colors
Parties are shown in the same neutral colors.
- Source
From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Nov 1, 2026. About our data
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.