New York 2025 Session Status: Introduced

S10702 — Creates a true cost of economic security study

Last action — In Senate Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced September 21, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

Establishes a study to determine the true cost of economic security for families.

This bill creates a study aimed at measuring the income and resources families need to cover household costs, savings, and debt management in specific locations. It focuses on providing a comprehensive understanding of what economic security looks like for families of different compositions.

What this means for you
  • Families: This means families may gain insight into the resources needed to achieve economic security based on their specific circumstances.

Summary

Creates a true cost of economic security study to measure how much income and other resources are needed for a family of a given composition in a given geographic location to adequately meet a comprehensive set of regular household costs, set aside savings both for future planning and for short-term emergencies, and manage debt.

Bill Text

Action History

  1. REFERRED TO RULES

Sponsors

  • Roxanne J. Persaud · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

  • Roxanne J. Persaud

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

Show all 218 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S10702 do?
Creates a true cost of economic security study to measure how much income and other resources are needed for a family of a given composition in a given geographic location to adequately meet a comprehensive set of regular household costs, set aside savings both for future planning and for short-term emergencies, and manage debt.
Who sponsors S10702?
S10702 is sponsored by Roxanne J. Persaud.
What is the current status of S10702?
This bill has been introduced in the Senate. Introduced September 21, 2026. It must pass committee before a floor vote.
Where can I track S10702?
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Last checked for changes 16 days ago · updated continuously

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