Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 15, 2016 | referred to higher education delivered to assembly passed senate |
Jun 01, 2016 | ordered to third reading cal.1274 committee discharged and committed to rules |
May 17, 2016 | reported and committed to finance |
May 10, 2016 | referred to higher education |
senate Bill S7573
Sponsored By
Kenneth P. LaValle
(R) 0 Senate District
Archive: Last Bill Status - Passed Senate
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Votes
Co-Sponsors
Robert G. Ortt
(R, C, IP) 62nd Senate District
S7573 (ACTIVE) - Details
- Current Committee:
- Assembly Higher Education
- Law Section:
- Education Law
- Laws Affected:
- Amd ยง667, Ed L
- Versions Introduced in 2017-2018 Legislative Session:
-
S2213
S7573 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7573 TITLE OF BILL : An act to amend the education law, in relation to tuition assistance program awards PURPOSE : To raise the net taxable income eligible for Tuition Assistance Program (TAP) awards from $80,000 to $100,000, raise the minimum TAP award to $1,000 and adjust the formula for awards. SUMMARY OF PROVISIONS : Section 1 amends subparagraph (ii) of paragraph a of subdivision 3 of section 667 of the education law to increase the net taxable income threshold from $80,000 to $100,000. This also redefines the TAP schedule so the lowest minimum TAP award will be $1,000. This provision would also reform the TAP schedule by creating new brackets for incomes and provide for a defined TAP award amount for each income bracket. Section 2 sets forth the effective date. JUSTIFICATION : This bill raises the net taxable income eligibility threshold to
S7573 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7573 I N S E N A T E May 10, 2016 ___________ 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. Subparagraph (ii) of paragraph a of subdivision 3 of section 667 of the education law, as amended by section 1 of part B of chapter 60 of the laws of 2000, is amended to read as follows: (ii) Except for students as noted in subparagraph (iii) of this para- graph, the base amount as determined from subparagraph (i) of this para- graph, shall be reduced in relation to income as follows: FOR THE 2016-2017 ACADEMIC YEAR: Amount of income Schedule of reduction of base amount (A) Less than seven thousand None dollars (B) Seven thousand dollars or Seven per centum of excess more, but less than eleven over seven thousand dollars thousand dollars (C) Eleven thousand dollars or Two hundred eighty dollars more, but less than eighteen plus [ten] NINE per centum thousand dollars of excess over eleven thousand dollars (D) Eighteen thousand dollars or Nine hundred eighty dollars more, but not more than plus [twelve] TEN per centum of [eighty] ONE HUNDRED thousand excess over eighteen dollars thousand dollars FOR THE 2017-2018 ACADEMIC YEAR: AMOUNT OF INCOME SCHEDULE OF REDUCTION EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.