Provides that tuition paid to public institutions of high education shall be maintained in a separate account to be used only for higher education purposes.
STATE OF NEW YORK
________________________________________________________________________
5845
2009-2010 Regular Sessions
IN ASSEMBLY
February 20, 2009
___________
Introduced by M. of A. BALL -- read once and referred to the Committee
on Higher Education
AN ACT to amend the education law, in relation to requiring that tuition
paid for public higher education be used for the purposes of higher
education
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 355 of the education law is amended by adding a new
2 subdivision 4-a to read as follows:
3 4-a. Notwithstanding any provision of law to the contrary, all moneys
4 and revenue derived from the payment of tuition at any college or
5 university of the state university of New York shall be deposited in and
6 credited to a separate account. The moneys in such account shall be
7 expended solely for the funding of public higher education. Under no
8 circumstance shall the moneys in such account be commingled with any
9 other moneys.
10 § 2. Section 6221 of the education law is amended by adding a new
11 subdivision F to read as follows:
12 F. Notwithstanding any provision of law to the contrary, all moneys
13 and revenue derived from the payment of tuition at any college of the
14 city university of New York shall be deposited in and credited to a
15 separate account. The moneys in such account shall be expended solely
16 for the funding of public higher education. Under no circumstances shall
17 the moneys in such account be commingled with any other moneys.
18 § 3. Section 6304 of the education law is amended by adding a new
19 subdivision 14 to read as follows:
20 14. Notwithstanding any provision of law to the contrary, all moneys
21 and revenue derived from the payment of tuition at any community college
22 shall be deposited in and credited to a separate account. The moneys in
23 such account shall be expended solely for the funding of public higher
24 education. Under no circumstances shall the moneys in such account be
25 commingled with any other moneys.
26 § 4. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD08902-01-9
