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Assembly Bill A5930

2017-2018 Legislative Session

Relates to a change in circumstance of income

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Archive: Last Bill Status - In Assembly Committee

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2017-A5930 (ACTIVE) - Details

Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §663, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: A3637
2011-2012: A3505
2013-2014: A3400
2015-2016: A5367

2017-A5930 (ACTIVE) - Summary

Relates to a change in circumstance of income; expires June 30, 2018.

2017-A5930 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5930
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 17, 2017
                                ___________
 
 Introduced  by  M.  of A. GLICK, JAFFEE -- read once and referred to the
   Committee on Higher Education
 
 AN ACT to amend the education law, in relation to a  change  in  circum-
   stance  of income and providing for the repeal of such provisions upon
   expiration thereof

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  5  of  section  663 of the education law, as
 amended by section 3 of part J of chapter 58 of the  laws  of  2011,  is
 amended to read as follows:
   5.  Adjustments  of  income.  (A)  In  the determination of income for
 purposes of paragraphs a and b  of  subdivision  three  of  section  six
 hundred  sixty-seven  of this part if, during the academic year in which
 the applicant will receive an award, one of either the  parents  of  the
 applicant  or  other  dependent child of such parents, the spouse of the
 applicant, or one or more dependent children of the applicant, in  addi-
 tion  to  the  applicant, will be in full-time attendance in an approved
 program, the combined net taxable income  determined  under  subdivision
 one  of  this  section shall be reduced by three thousand dollars and an
 additional two thousand dollars for each other such person additional to
 the aforesaid persons (including the applicant)  who  will  be  in  such
 attendance,  and  the  resulting  amount  shall be deemed the applicable
 income in determining the applicant's award for the academic year.
   (B) WHEN MAKING ADJUSTMENTS TO INCOME FOR CHANGE IN CIRCUMSTANCE,  THE
 CORPORATION  SHALL,  PURSUANT  TO  RULES  AND  REGULATIONS,  INCLUDE THE
 FOLLOWING AS CAUSES  FOR  CHANGE  IN  STATUS  OF  THE  APPLICANT:    (I)
 CATASTROPHIC  ILLNESS  OF  THE  APPLICANT; AND (II) THE APPLICANT OR THE
 SPOUSE OF THE APPLICANT BEING CALLED TO ACTIVE MILITARY DUTY.
   § 2. This act shall take effect immediately and shall  expire  and  be
 deemed repealed June 30, 2018.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09777-01-7

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