A 2061 New York Assembly · 2025 Regular Session

Eliminates asset limits in calculating the amount of benefits for any household under any public assistance program

This bill eliminates asset limits for households receiving public assistance benefits, meaning savings, property, and other assets will no longer reduce eligibility or benefit amounts. It directly affects households enrolled in programs like food assistance, cash aid, or medical assistance by removing previous restrictions (e.g., $2,500 cash limit for applicants). Key provisions replace specific dollar thresholds with a general exemption for all assets, while retaining limited exemptions for homes, one vehicle, burial plots, and education funds. The change aligns with federal requirements and ensures benefits are calculated without penalizing households for holding assets.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 15, 2025 Last action Jan 7, 2026
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Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO SOCIAL SERVICES
lower
Jan 15, 2025
Committee
REFERRED TO SOCIAL SERVICES
lower
1 primary · 8 co-sponsors

Sponsors