•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

S03474 Summary:

BILL NOS03474A
 
SAME ASSAME AS A01889-A
 
SPONSORSTAVISKY
 
COSPNSRCHU, FERNANDEZ, MURRAY
 
MLTSPNSR
 
Amd 667, Ed L
 
Increases the income eligibility threshold for the tuition assistance program.
Go to top

S03474 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         3474--A
 
                               2023-2024 Regular Sessions
 
                    IN SENATE
 
                                    January 31, 2023
                                       ___________
 
        Introduced  by  Sens. STAVISKY, CHU, FERNANDEZ, MURRAY -- read twice and
          ordered printed, and when printed to be committed to the Committee  on
          Higher  Education  -- recommitted to the Committee on Higher Education
          in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill
          amended, ordered reprinted as amended and recommitted to said  commit-
          tee
 
        AN  ACT to amend the education law, in relation to increasing the income
          eligibility threshold for the tuition assistance program
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Subparagraph  (ii)  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 to read as follows:
     4    (ii)  Except for students as noted in subparagraph (iii) of this para-
     5  graph, the base amount as determined from subparagraph (i) of this para-
     6  graph, shall be reduced in relation to income as follows:
 
     7  Amount of income                    Schedule of reduction
     8                                      of base amount
 
     9  (A) Less than seven thousand        None
    10      dollars
    11  (B) Seven thousand dollars or       Seven per centum of excess
    12      more, but less than eleven      over seven thousand dollars
    13      thousand dollars
    14  (C) Eleven thousand dollars or      Two hundred eighty dollars
    15      more, but less than eighteen    plus ten per centum of excess
    16      thousand dollars                over eleven thousand dollars
    17  (D) Eighteen thousand dollars or    Nine hundred eighty dollars
    18      more, but not more than [eighty]plus twelve per centum of
    19      one hundred twenty-five         excess over eighteen
    20      thousand dollars                 thousand dollars
    21    § 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.
                                                                   LBD04708-02-4
Go to top