Bill > A09115

This bill amends the New York Correction Law and State Finance Law to establish a "gate money program" that provides eligible incarcerated individuals with a monthly stipend of at least $425 for up to six months upon release from a state correctional facility, with a maximum aggregate amount of $2,550. The program is funded through the newly created "gate money fund" in the state treasury, and the bill appropriates $25 million for the fund. The bill also requires the Department of Corrections and Community Supervision to collect data on program participation and issue an annual report. The provisions of the bill are set to take effect 180 days after becoming law.