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Int 0940-2026

Committee

Establish a baby opportunity fund.

A Local Law in relation to a pilot program to establish a baby opportunity fund

Type

Introduction

Introduced

2026-06-11

Committee

Committee on Children and Youth

Sponsors

Lincoln Restler(Prime)Lynn C. SchulmanShahana K. HanifFarah N. LouisJulie MeninJulie WonNantasha M. WilliamsCrystal Hudson

Documents

Action History

2026-06-11
Introduced by Council
City Council
2026-06-11
Referred to Comm by Council
City Council
Raw API Response
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  "MatterEXText5": "This bill would require the Department of Youth and Community Development (DYCD) or any agency designated by the Mayor, to partner with a non-profit organization which manages qualified interest bearing savings accounts to establish a baby opportunity fund. The agency would coordinate with the Department of Health and Mental Hygiene (DOHMH) to identify eligible children that qualify for the program and submit applications for eligible children to the non-profit organization. $2000 would be deposited in the account within 3 months after the application for the eligible child is received. The agency must also submit a report to the Mayor and Speaker of the Council, assessing the feasibility of continuing or expanding the program.",
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