Civic Agendas NYC
Bills › Int 1083-2026
Int 1083-2026 Bill Laid Over in Committee

Designating financial literacy advisors to serve in older adult centers.

Where it stands: In the Committee on Aging; last step: aging postponed a decision on Oct 27, 2026.

  1. Introduced
  2. Committee hearing (current step)
  3. Committee vote
  4. Council vote
  5. Mayor
  6. Law

Official summary

This bill would require the Commissioner of Aging to designate at least 1 financial literacy advisor to serve in each older adult center for at least 20 hours a month. A financial literacy advisor would have to provide general information about financial literacy, end of life preparation, tax preparation, and how to avoid or handle legal issues and scams that commonly affect older adults. A financial literacy advisor would also have to convey contact information for specialized financial literacy providers, tax preparation providers, certain types of legal services providers, relevant New York City agencies and organizations, and the Department for the Aging (DFTA) to answer questions concerning financial literacy resources offered by DFTA. The Commissioner would have to promulgate rules to set qualifications for financial literacy advisors and establish a financial literacy advisor training program.

Timeline

  1. Thu, Sep 24, 2026
    Introduced in the Council
    Formally read into the record at a Stated Meeting.
    City Council: “Introduced by Council”
  2. Thu, Sep 24, 2026
    Sent to committee
    Assigned to a committee, which must hold a hearing before any vote.
    City Council: “Referred to Comm by Council” · meeting
  3. Tue, Oct 27, 2026
    Public hearing: Public Housing
    Council members heard testimony from the public and city agencies.
    Committee on Public Housing: “Hearing Held by Committee” · meeting
  4. Tue, Oct 27, 2026
    Public hearing: Aging
    Council members heard testimony from the public and city agencies.
    Committee on Aging: “Hearing Held by Committee” · meeting
  5. Tue, Oct 27, 2026
    Public Housing postponed a decision
    No vote yet; the item can come back at a later meeting.
    Committee on Public Housing: “Laid Over by Committee” · meeting
  6. Tue, Oct 27, 2026
    Aging postponed a decision
    No vote yet; the item can come back at a later meeting.
    Committee on Aging: “Laid Over by Committee” · meeting

How members voted

No roll-call votes recorded yet.