New York S 7473: Exempts amounts received from any financial settlement for childhood sexual abuse for determining eligibility for or amount of benefits

Status: REFERRED TO SOCIAL SERVICES (as of 2025-04-17)

State: New York · Session: 2025-2026 · Bill: S 7473

Sponsors: Brad Hoylman-Sigal

Bill Text

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S07473 Summary:

BILL NOS07473 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORHOYLMAN-SIGAL

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COSPNSR

&nbsp

MLTSPNSR

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Amd §131-n, Soc Serv L

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Exempts amounts received from any financial settlement for childhood sexual abuse for determining eligibility for or amount of benefits under any program provided under the social security law.

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BILL NOS07473 

&nbsp

04/17/2025REFERRED TO SOCIAL SERVICES

Go to topS07473 Committee&nbspVotes:

Go to topS07473 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS07473 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7473

 2025-2026 Regular Sessions

 IN SENATE

 April 17, 2025
 ___________

 Introduced by Sen. HOYLMAN-SIGAL -- read twice and ordered printed, and
 when printed to be committed to the Committee on Social Services

 AN ACT to amend the social services law, in relation to exempting
 amounts received from any financial settlement for childhood sexual
 abuse for determining eligibility for or amount of benefits

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 131-n of the social services law, as amended by
 2 section 16 of part B of chapter 436 of the laws of 1997, is amended by
 3 adding a new subdivision 4 to read as follows:
 4 4. If and to the extent permitted by federal law and regulations,
 5 amounts received from any financial settlement for childhood sexual
 6 abuse shall be exempt from consideration as income or resources for the
 7 purposes of determining eligibility for and the amount of benefits under
 8 any program provided under the authority of this chapter.
 9 § 2. Section 131-n of the social services law, as amended by chapter
 10 635 of the laws of 1976, is amended by adding a new subdivision 3 to
 11 read as follows:
 12 3. If and to the extent permitted by federal law and regulations,
 13 amounts received from any financial settlement for childhood sexual
 14 abuse shall be exempt from consideration as income or resources for the
 15 purposes of determining eligibility for and the amount of benefits under
 16 any program provided under the authority of this chapter.
 17 § 3. This act shall take effect immediately; provided that the amend-
 18 ments to section 131-n of the social services law made by section one of
 19 this act shall be subject to the expiration and reversion of such subdi-
 20 vision pursuant to section 153 of part B of chapter 436 of the laws of
 21 1997 as amended, when upon such date the provisions of section two of
 22 this act shall take effect.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09314-01-5

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