Establishes the New York COVID-19 children's fund program to provide financial assistance to children who lost a parent or guardian to COVID-19.

The bill establishes the New York COVID-19 children's fund program to provide financial assistance to children who lost a parent, custodian, legal guardian, or related adult household member to COVID-19. The program creates individual trust accounts for eligible children, depositing $1,000 initially and $1,000 annually thereafter. Funds can only be used for qualified expenses like education and home ownership. The program is administered by a board appointed by the governor, the temporary president of the senate, and the speaker of the assembly.

Establishes the New York COVID-19 children's fund program to provide financial assistance to children who lost a parent or guardian to COVID-19.

The bill establishes the New York COVID-19 children's fund program to provide financial assistance to children who lost a parent, custodian, legal guardian, or related adult household member to COVID-19. The program creates individual trust accounts for eligible children, depositing $1,000 initially and $1,000 annually thereafter. Funds can only be used for qualified expenses like education and home ownership. The program is administered by a board appointed by the governor, the temporary president of the senate, and the speaker of the assembly.