Assembly Bill A3497

2011-2012 Legislative Session

Eliminates the use of income from pensions of New York state, local governments and the federal government from the calculation of income for the purposes of financial aid

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2011-A3497 (ACTIVE) - Details

See Senate Version of this Bill:
S184
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §663, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: A9890, S6155
2013-2014: A6297

2011-A3497 (ACTIVE) - Summary

Eliminates the use of income from pensions of New York state, local governments and the federal government from the calculation of income for the purposes of financial aid.

2011-A3497 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3497

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            January 25, 2011
                               ___________

Introduced  by  M.  of  A.  GABRYSZAK  --  read once and referred to the
  Committee on Higher Education

AN ACT to amend the education law, in relation to eliminating the use of
  certain pensions in the determination of the amount of student  finan-
  cial aid

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 1 of section  663  of  the  education  law,  as
amended  by  section  1  of part F of chapter 57 of the laws of 2009, is
amended to read as follows:
  1. Income defined. Except  as  otherwise  provided  in  this  section,
"income"  shall  be  the  total  of the combined net taxable income [and
income from pensions of New York state, local governments and the feder-
al government] of the applicant, the applicant's spouse, and the  appli-
cant's  parents as reported in New York state income tax returns for the
calendar year next preceding the beginning of the school year for  which
application  for  assistance is made, except that any amount received by
an applicant as a scholarship at an  educational  institution  or  as  a
fellowship grant, including the value of contributed services and accom-
modations,  shall  not be included within the definition of "income" for
the purposes of this article. The  term  "parent"  shall  include  birth
parents,  stepparents,  adoptive  parents  and the spouse of an adoptive
parent. Income, if not a whole dollar amount, shall  be  assumed  to  be
equal  to  the next lowest whole dollar amount. Any change in the status
of an applicant with regard to the persons responsible  for  the  appli-
cant's  support  occurring after the beginning of any semester shall not
be considered to change the applicant's award for that semester.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01179-01-1

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