New York S03861 authorizes a study on senior citizens who filed for bankruptcy in the past ten years and requires the Office for the Aging to report.
New York S03861 directs the Office for the Aging to conduct a study on the number of senior citizens in New York state who have filed for bankruptcy in the past ten years and the underlying causes. The study will include data from state agencies and assisted living facilities, subject to confidentiality requirements. One year after the act's effective date, the director of the Office for the Aging must deliver a report with findings and legislative recommendations to the governor, the temporary president of the senate, and the speaker of the assembly.
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