Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateNew YorkReferred
S 10702: Creates a true cost of economic security study
Roxanne Persaud
S 10702 status: Referred — REFERRED TO RULES (updated Sep 21, 2026).
Source
LegiScan
Confidence
High
Analysis basis
LegiScan full bill text
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
65OUT OF 100
Score:65/100 civic fit
Risk:Low Risk
Impact:Moderate Impact 40/100
Constitutionality100%
Bipartisan80%
Public opinion75%
Bill summary
Creates a true cost of economic security study to measure how much income and other resources are needed for a family of a given composition in a given geographic location to adequately meet a comprehensive set of regular household costs, set aside savings both for future planning and for short-term emergencies, and manage debt.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
65%
Benefits
- Provides a standardized benchmark to measure economic program effectiveness.
- Identifies regional economic disparities to allow for better-targeted investments.
- Facilitates evidence-based wage and tax credit policy development.
Risks
- Risk of data methodology biases if the third-party selection process is opaque.
- Potential for misinterpretation of benchmarks leading to inefficient fiscal prioritization.
- Administrative costs associated with recurring biennial reporting requirements.
Society
Positive outlook
70%
Benefits
- Aims to improve the measurement of family-level economic security.
- Highlights unmet needs in housing, childcare, and debt management.
- Encourages a comprehensive approach to household financial well-being.
Risks
- Does not guarantee that identified gaps will result in increased funding.
- Risk of creating 'policy paralysis' if results show widespread economic insecurity.
- Methodology may struggle to accurately account for diverse, non-traditional family structures.
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
Positive outlook
65%
Benefits
- Mandates recurring biennial reporting to state leadership.
- Introduces transparency into how the state defines and tracks economic security.
- Creates a public-facing tool for benchmarking government policy success.
Risks
- Limited enforcement mechanisms if the findings are ignored by policymakers.
- Potential for political gaming during the third-party selection process.
- Findings may be overly dense, reducing utility for general public oversight.
Public Health & Safety
Positive outlook
60%
Benefits
- Directly accounts for healthcare premiums and out-of-pocket expenses in cost calculations.
- Addresses economic stability as a primary social determinant of health.
- Better data can lead to improved public health resource allocation.
Risks
- Methodology may fail to fully capture the complexity of health-related debt.
- Healthcare cost estimates are volatile and may quickly become outdated.
- Does not address direct healthcare access barriers beyond cost-affordability.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
LegiScan
Official bill text or data from LegiScan.
Confidence
High
Information is complete and verified.
Analysis basis
LegiScan full bill text
Source used for this bill's analysis.
Source note
No guarantee exists that the study findings will be utilized to improve social services; it is purely informational.
Analysis scope
The bill is a study mandate and does not contain immediate funding appropriations or program changes.
04
Where it stands
Official record- IntroducedComplete
- CommitteeCurrent
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
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06
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