|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 12, 2014||referred to higher education|
delivered to assembly
|Jun 11, 2014||ordered to third reading cal.1364|
committee discharged and committed to rules
|Jun 09, 2014||referred to higher education|
senate Bill S7795
Archive: Last Bill Status - Passed Senate
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S7795 (ACTIVE) - Details
S7795 (ACTIVE) - Sponsor Memo
BILL NUMBER:S7795 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 increase the maximum amount of a tuition assistance program (TAP) award and to increase the net taxable income eligibility. SUMMARY OF SPECIFIC PROVISIONS: Section 1. increases the maximum TAP award to six thousand four hundred seventy dollars phased in over the next two years, and increases the maximum income eligibility from $80,000 to $100,000 and adjusts the TAP schedule accordingly for those who receive awards beginning in 2015-2016. Additionally, this section increases the income threshold for independent students and adjusts the independent TAP schedule according for those students first receiving aid in 2015-2016. Section 2. sets forth the effective date. EXISTING LAW: Currently, the maximum TAP award is $5,165 and the maximum income eligi-
S7795 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7795 I N S E N A T E June 9, 2014 ___________ 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, 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: Section 1. Paragraph a of subdivision 3 of section 667 of the educa- tion law, as amended by section 1 of part B of chapter 60 of the laws of 2000, item 1 of clause (A) of subparagraph (i) as amended by section 1 of part H of chapter 58 of the laws of 2011, the opening paragraph of item 1 of clause (A) of subparagraph (i) as amended by section 2 of part X of chapter 56 of the laws of 2014, subitem (a) of item 1 of clause (A) of subparagraph (i) as amended by section 2 of part U of chapter 56 of the laws of 2014, subitem (b) of item 1 of clause (A) of subparagraph (i) as amended by section 3 of part U of chapter 56 of the laws of 2014, subitem (c) of item 1 of clause (A) of subparagraph (i) as amended by section 1 of part U of chapter 56 of the laws of 2014, subitem (d) of item 1 of clause (A) of subparagraph (i) as added by section 1 of part E of chapter 58 of the laws of 2011, item 2 of clause (A) of subparagraph (i) as amended by section 2 of part H of chapter 58 of the laws of 2011 and subparagraph (iii) as amended by section 3 of part H of chapter 58 of the laws of 2011, is amended to read as follows: a. Amount. The president shall make awards to students enrolled in degree-granting institutions or registered not-for-profit business schools qualified for tax exemption under S 501(c)(3) of the internal revenue code for federal income tax purposes in the following amounts: (i) For each year of undergraduate study, assistance shall be provided as computed on the basis of the amount which is the lesser of the following: (A) (1) In the case of students who have not been granted an exclusion of parental income, who have qualified as an orphan, foster child, or ward of the court for the purposes of federal student financial aid programs authorized by Title IV of the Higher Education Act of 1965, as amended, or had a dependent for income tax purposes during the tax year EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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