Williams, the Senate president, told CNN he expected strong support for the bill from both sides of the aisle because of the bipartisan task force that put it together.
"We have broken the gridlock on the most controversial issue," he said in announcing the agreement.
"Democrats and Republicans were able to come to an agreement on a strong, comprehensive bill," he added. "That is a message that should resound in 49 other states, and in Washington, D.C.. and the message is we can get it done here and they should get it done in their respective states and nationally in Congress."
The task force is made up of Williams and fellow Democrats House Speaker Brendan Sharkey, Senate Majority Leader Martin Looney and House Majority Leader Joe Aresimowicz; along with Senate Republican Leader John McKinney and Cafero, the House Republican leader. It based the draft legislation on proposals created by 16-member bicameral working groups on the topics of gun violence, school security and mental health.
"It's important for us to act quickly, but it's more important for us to act intelligently," Sharkey said. "It's also critical that we send the message to Washington and to the rest of this country that this is the way to get this job done. To do it in an effective, meaningful, thoughtful way and to do it in a meaningful, bipartisan basis, because our children deserve no less."