STATE OF NEW YORK
________________________________________________________________________
8433
2023-2024 Regular Sessions
IN ASSEMBLY
December 29, 2023
___________
Introduced by M. of A. FAHY -- read once and referred to the Committee
on Higher Education
AN ACT to amend the education law, in relation to increasing the phase-
out threshold for tuition assistance program awards
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 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] eighteen None
10 thousand 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 thousand dollars excess over eighteen
20 thousand dollars
21 § 2. This act shall take effect on the one hundred eightieth day after
22 it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13833-01-3
