senate Bill S1652

2013-2014 Legislative Session

Enacts the "New York state family tuition investment program act" to provide for the advance purchase of tuition to colleges in the state

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Sponsored By

Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to higher education
May 21, 2013 reported and committed to finance
Jan 09, 2013 referred to higher education

Votes

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May 21, 2013 - Higher Education committee Vote

S1652
16
1
committee
16
Aye
1
Nay
2
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Higher Education committee vote details

Higher Education Committee Vote: May 21, 2013

nay (1)
aye wr (2)

Co-Sponsors

S1652 - Details

See Assembly Version of this Bill:
A408
Current Committee:
Law Section:
Education Law
Laws Affected:
Add Art 14-B §§696 - 696-k, Ed L; add §78-c, St Fin L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S3381, A8970
2009-2010: S5359

S1652 - Summary

Enacts the "New York state family tuition investment program act" to provide for the advance purchase of tuition to colleges in the state.

S1652 - Sponsor Memo

S1652 - Bill Text download pdf

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

                                  1652

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sen. LAVALLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Higher Education

AN ACT to amend the education law and the state finance law, in relation
  to establishing the New York state family tuition investment program

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

  Section  1.  Legislative  findings.  The  legislature hereby finds and
declares that it is an essential function of state government to  foster
higher education in order to provide for a well-educated and financially
secure population. The legislature further finds that the cost of higher
education is becoming less affordable and predictable, adversely affect-
ing  the  ability  of individuals and families to plan for future educa-
tional expenses. The legislature further finds that it is  in  the  best
interests of the state to provide its citizens with financing assistance
for higher education and protection against rising costs, and to encour-
age  savings  to  enhance the ability of residents of New York to obtain
financial access to institutions of higher education.  Accordingly,  the
legislature  finds  and declares that the creation of the New York state
family tuition investment program for the advance  purchase  of  tuition
will  help to make higher education affordable and accessible to all New
York's students, to the ultimate benefit of all citizens of the state.
  S 2. The education law is amended by adding a new article 14-B to read
as follows:
                              ARTICLE 14-B
                      NEW YORK STATE FAMILY TUITION
                         INVESTMENT PROGRAM ACT
SECTION 696.   SHORT TITLE.
        696-A. DEFINITIONS.
        696-B. NEW  YORK  STATE  FAMILY  TUITION   INVESTMENT   PROGRAM;
                 PURPOSE.

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

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