NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A8089
SPONSOR: Clark TITLE OF BILL:
An act to amend the education law, in relation to increasing the minimum
tuition assistance program award
SUMMARY OF PROVISIONS:
Section 1: Increases minimum TAP award from 500 dollars to 1,000
dollars.
Section 2: Sets effective date of June 1 2024.
JUSTIFICATION:
The tuition assistance program (TAP) provides financial aid based on
income for New York State students attending public and private colleges
in the state. Created in 1974, TAP is one of the largest state-funded,
need-based student aid programs in the country.
Millions of students in New York State have received help thanks to TAP.
However, as time went on there was a need for greater assistance to New
York State students. This bill would increase the minimum award given to
students from 500 dollars to 1,000 dollars. This would help with the
cost of post-secondary education for middle-class New York State
students and families.
Despite the economic struggle many students and families face, a student
should, still be able to attend college and not let the price be the
reason they don't go. This legislation would allow more students to get
access to a high-quality education while staying in New York.
FISCAL IMPACT ON THE STATE:
TBD
LEGISLATIVE HISTORY:
New bill
EFFECTIVE DATE:
This act shall take effect June 1, 2024.
STATE OF NEW YORK
________________________________________________________________________
8089
2023-2024 Regular Sessions
IN ASSEMBLY
September 29, 2023
___________
Introduced by M. of A. CLARK -- read once and referred to the Committee
on Higher Education
AN ACT to amend the education law, in relation to increasing the minimum
tuition assistance program award
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subparagraph (vi) of paragraph a of subdivision 3 of
2 section 667 of the education law, as amended by section 1 of part B of
3 chapter 60 of the laws of 2000, is amended and a new subparagraph (vii)
4 is added to read as follows:
5 (vi) For the two thousand two--two thousand three through two thousand
6 twenty-three--two thousand twenty-four academic [year and thereafter]
7 years, the award shall be the net amount of the base amount determined
8 pursuant to subparagraph (i) of this paragraph reduced pursuant to
9 subparagraph (ii) or (iii) of this paragraph but the award shall not be
10 reduced below five hundred dollars.
11 (vii) For the two thousand twenty-four--two thousand twenty-five
12 academic year and thereafter, the award shall be the net amount of the
13 base amount determined pursuant to subparagraph (i) of this paragraph
14 reduced pursuant to subparagraph (ii) or (iii) of this paragraph but the
15 award shall not be reduced below one thousand dollars.
16 § 2. This act shall take effect June 1, 2024.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13260-01-3
