New York legislation · 2025-2026 General Assembly
New York A10725: Establishes the child care savings program
Status: In committee, March 27, 2026
Establishes the child care savings program; provides for the functions and powers of the comptroller related to such program and for program requirements and limitations.
What the bill says
An act to amend the social services law, in relation to establishing the child care savings program.
From the introduced text, March 27, 2026:
AN ACT to amend the social services law, in relation to establishing the child care savings program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Article 6 of the social services law is amended by adding a new title 1-B to read as follows: TITLE 1-B CHILD CARE SAVINGS PROGRAM SECTION 394-H. DEFINITIONS. 394-I. PROGRAM ESTABLISHED. 394-J. PURPOSES. 394-K. FUNCTIONS OF THE COMPTROLLER. 394-L. POWERS OF THE COMPTROLLER. 394-M. PROGRAM REQUIREMENTS; CHILD CARE SAVINGS ACCOUNT. 394-N. PROGRAM LIMITATIONS; CHILD CARE SAVINGS. 394-O. PAYMENT OF MATCHING FUNDS. § 394-H. DEFINITIONS. AS USED IN THIS TITLE, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: 1. "ACCOUNT" OR "CHILD CARE SAVINGS ACCOUNT" SHALL MEAN AN INDIVIDUAL SAVINGS ACCOUNT ESTABLISHED IN ACCORDANCE WITH THE PROVISIONS OF THIS TITLE. 2. "ACCOUNT OWNER" SHALL MEAN AN INDIVIDUAL WHO ENTERS INTO A CHILD CARE SAVINGS AGREEMENT PURSUANT TO THE PROVISIONS OF THIS TITLE. 3. "DESIGNATED BENEFICIARY" SHALL MEAN, WITH RESPECT TO AN ACCOUNT, THE DESIGNATED INDIVIDUAL WHOSE CHILD CARE EXPENSES ARE EXPECTED TO BE PAID FROM THE ACCOUNT. 4. "EXPECTED DESIGNATED BENEFICIARY" SHALL MEAN, WITH RESPECT TO THE ACCOUNT, THE DESIGNATED INDIVIDUAL WHOSE CHILD CARE EXPENSES ARE EXPECTED TO BE PAID FROM THE ACCOUNT AND WHO IS EXPECTED TO BE BORN WITHIN TEN MONTHS. 5. "FINANCIAL …
Sponsors
- Paul Bologna (R, 144) · primary sponsor
Latest actions
- : REFERRED TO CHILDREN AND FAMILIES
Subjects: Social Services Law
Common questions
- What is A10725?
- A10725 is a bill in the New York Legislature (2025-2026 General Assembly): Establishes the child care savings program.
- What does A10725 do?
- In its own words: An act to amend the social services law, in relation to establishing the child care savings program.
- What is the status of A10725?
- In committee as of March 27, 2026. Latest action: REFERRED TO CHILDREN AND FAMILIES (March 27, 2026).
- Who sponsored A10725?
- Paul Bologna (R, 144).
- Where is the official record for A10725?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A10725
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.