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A03064 Summary:

COSPNSRBrabenec, Giglio JA
Amd §667, Ed L
Increases the minimum tuition assistance program award; increases the maximum parental income amount.
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A03064 Actions:

02/02/2023referred to higher education
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A03064 Memo:

submitted in accordance with Assembly Rule III, Sec 1(f)
  TITLE OF BILL: An act to amend the education law, in relation to tuition assistance program awards   PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to increase the income threshold cap for determining eligibility for tuition assistance program awards (TAP) from $80,000 to $125,000.   SUMMARY OF PROVISIONS: Section 1 amends section 667 subdivision 3 paragraph a, subparagraph (ii) and (vi) of the education law as amended by section 1 of part B of Chapter 60 of the laws of 2000. Section 2 sets the effective date.   JUSTIFICATION: The household income cap has not increased since 2000 when it went from $50,000 to $80,000. However, the cost of attending a college or univer- sity has increased tremendously, making it difficult for many students to gain access to higher education, especially those families with more than one child. Increasing the cap to $125,000 better aligns with current tuition prices and inflation rates and will encourage more New Yorkers to attend college.   LEGISLATIVE HISTORY: A.7071a (Ra) of 2021-2022: Held for consideration in Higher Education   FISCAL IMPLICATIONS: To be determined.   EFFECTIVE DATE: Immediately.
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A03064 Text:

                STATE OF NEW YORK
                               2023-2024 Regular Sessions
                   IN ASSEMBLY
                                    February 2, 2023
        Introduced  by  M.  of  A.  RA,  BRABENEC, J. A. GIGLIO -- read once and
          referred to the Committee on Higher Education
        AN ACT to amend the education law, in  relation  to  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. Subparagraphs (ii) and (vi) of paragraph a of subdivision 3
     2  of section 667 of the education law, as amended by section 1 of  part  B
     3  of chapter 60 of the laws of 2000, are 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         plus twelve per centum of
    19      [eighty] one hundred            excess over eighteen
    20      twenty-five                     thousand dollars
    21      thousand dollars
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.

        A. 3064                             2
     1    (vi) For the two thousand two--two thousand three  academic  year  and
     2  thereafter,  the award shall be the net amount of the base amount deter-
     3  mined pursuant to subparagraph (i) of this paragraph reduced pursuant to
     4  subparagraph (ii) or (iii) of this paragraph but the award shall not  be
     5  reduced below [five hundred] one thousand dollars.
     6    § 2. This act shall take effect immediately.
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