2025-2026 Regular SessionNew York Legislature

A07807

Legislative Summary

Authorizes fiat-collateralized stablecoins as a form of bail; directs the commissioner of taxation and finance, in conjunction with the chief justice of the unified court system and the director of the office of information technology services, to promulgate rules and regulations identifying forms of fiat-collateralized stablecoin acceptable for posting bail to establish a system for the administration of the acceptance, recording and processing of stablecoins as a means of securing bail.

Demographic Impact

Overall analysis of equity impact

60% Bias
Medium ConfidenceView detailed demographic breakdown ↓

Unlock Full Demographic Insights

Go beyond the overall score.

Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.

Enable full analysis features for your organization.

Contact Sales to Learn More

Or email us directly at sales@legiequity.us.

Bill History

4/11/2025
referred to codes
Assembly

Status Information

Current Status
Introduced(4/11/2025)
Chamber
Assembly
Committee
Codes(Assembly)

Sponsors

Democrat: 1

Primary Sponsor

Latrice Walker
Latrice Walker
Democrat

Documents

Introduced
Bill Text4/11/20255.5 KB