New York 2025 Session Status: Introduced

A1436 — Establishes catastrophe savings accounts

Last action — In Assembly Committee

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

This bill has been introduced in the Assembly. Introduced January 09, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

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.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

Establishes tax-free savings accounts for homeowners to cover catastrophic expenses.

This bill aims to create catastrophe savings accounts that allow homeowners to save money tax-free for certain expenses due to disasters. However, specific details about the requirements and other provisions are not available.

What this means for you
  • Consumers: Homeowners may benefit from tax-free savings to prepare for unexpected catastrophic expenses.

Summary

Establishes catastrophe savings accounts as a tax-free account to allow homeowners to save money to cover qualified catastrophe expenses.

Bill Text

Action History

  1. REFERRED TO WAYS AND MEANS

  2. REFERRED TO WAYS AND MEANS

Sponsors

Sponsorship breakdown

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

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

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"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

taxation housing
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 A1436 do?
Establishes catastrophe savings accounts as a tax-free account to allow homeowners to save money to cover qualified catastrophe expenses.
Who sponsors A1436?
A1436 is sponsored by Pamela J. Hunter.
What is the current status of A1436?
This bill has been introduced in the Assembly. Introduced January 09, 2025. It must pass committee before a floor vote.
Where can I track A1436?
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Last checked for changes 3 months ago · updated continuously

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