Introduction
Int 0685-2026
A Local Law to amend the New York city charter, in relation to establishing an office of insurance affordability
Fiscal impact
The Council Finance Division's estimate, from the Proposed Int. No. 685-B Fiscal Impact Statement - City Council. First effective FY2028.
| Effective year | Succeeding year | Full fiscal impact | |
|---|---|---|---|
| Revenues | $0 | $0 | $0 |
| Expenditures | $246,888 | $296,266 | $296,266 |
| Net | $-246,888 | $-296,266 | $-296,266 |
OMB: The Office of Management and Budget did not provide an estimate.
Documents
Committee reports, fiscal impact statements and bill text, hosted by Legistar.
- Summary Summary of Int. No. 685-B ↗
- Summary Summary of Int. No. 685-A ↗
- Summary Summary of Int. No. 685 ↗
- Bill text Int. No. 685 ↗
- Agenda February 24, 2026 - Stated Meeting Agenda ↗
- Hearing Transcript Hearing Transcript - Stated Meeting 2-24-26 ↗
- Committee Report Committee Report 4/29/26 ↗
- Fiscal Impact Statement Fiscal Impact Statement - City Council ↗
- Hearing Testimony Hearing Testimony 4/29/26 ↗
- Hearing Transcript Hearing Transcript 4/29/26 ↗
- Bill text Proposed Int. No. 685-A - 7/10/26 ↗
- Bill text Proposed Int. No. 685-B - 8/6/26 ↗
- Fiscal Impact Statement Proposed Int. No. 685-B Fiscal Impact Statement - City Council ↗
- Committee Report Committee Report 8/13/26 ↗
- Agenda August 13, 2026 - Stated Meeting Agenda ↗
- Bill text Int. No. 685-B (FINAL) ↗
Considered at
| Date | Body | Action | Result | Vote |
|---|---|---|---|---|
| 2026-08-13 | Committee on Consumer and Worker Protection | Hearing Held by Committee | — | — |
| 2026-08-13 | Committee on Consumer and Worker Protection | Amendment Proposed by Comm | — | — |
| 2026-08-13 | Committee on Consumer and Worker Protection | Amended by Committee | — | — |
| 2026-08-13 | Committee on Consumer and Worker Protection | Approved by Committee | Pass | 10–0 |
| 2026-08-13 | City Council | Approved by Council | Pass | 42–0 |
| 2026-08-13 | City Council | — | — | — |
| 2026-04-29 | Committee on Consumer and Worker Protection | Hearing Held by Committee | — | — |
| 2026-04-29 | Committee on Consumer and Worker Protection | Laid Over by Committee | — | — |
Legislative history
| Date | Body | Action | Result |
|---|---|---|---|
| 2026-08-13 | City Council | Sent to Mayor by Council | — |
| 2026-08-13 | City Council | Approved by Council | Pass |
| 2026-08-13 | Committee on Consumer and Worker Protection | Hearing Held by Committee | — |
| 2026-08-13 | Committee on Consumer and Worker Protection | Amendment Proposed by Comm | — |
| 2026-08-13 | Committee on Consumer and Worker Protection | Amended by Committee | — |
| 2026-08-13 | Committee on Consumer and Worker Protection | Approved by Committee | Pass |
| 2026-04-29 | Committee on Consumer and Worker Protection | Hearing Held by Committee | — |
| 2026-04-29 | Committee on Consumer and Worker Protection | Laid Over by Committee | — |
| 2026-02-24 | City Council | Referred to Comm by Council | — |
| 2026-02-24 | City Council | Introduced by Council | — |