Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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May 07, 2018 | referred to education delivered to assembly passed senate ordered to third reading cal.1034 committee discharged and committed to rules |
Apr 11, 2018 | print number 7783a |
Apr 11, 2018 | amend (t) and recommit to higher education |
Feb 23, 2018 | referred to higher education |
senate Bill S7783
Sponsored By
Martin J. Golden
(R, C, IP) 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
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Actions
Votes
Bill Amendments
Co-Sponsors
Thomas F. O'Mara
(R, C, IP) 58th Senate District
S7783 - Details
- Current Committee:
- Assembly Education
- Law Section:
- Education Law
- Laws Affected:
- Amd Art 14-A Art Head, §§695, 695-b & 695-e, Ed L; amd §612, Tax L
S7783 - Sponsor Memo
BILL NUMBER: S7783 SPONSOR: GOLDEN TITLE OF BILL: An act to amend the education law and the tax law, in relation to expanding the New York state college choice tuition savings program to include costs of elementary and secondary education PURPOSE OR GENERAL IDEA OF BILL: To conform New York law to the current Federal law regarding Internal Revenue Code section 529 savings plans. SUMMARY OF PROVISIONS: Section 1 of this bill changes the title of Article 14-A of the Educa- tion Law from New York State College Choice Tuition Savings Program to New York State Education Choice Tuition Savings Program. Section 2 of this bill amends Education Law section 695 to establish the
S7783 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7783 I N S E N A T E February 23, 2018 ___________ Introduced by Sens. GOLDEN, O'MARA -- 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 tax law, in relation to expanding the New York state college choice tuition savings program to include costs of elementary and secondary education THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The article heading of article 14-A of the education law, as added by chapter 546 of the laws of 1997, is amended to read as follows: ARTICLE 14-A NEW YORK STATE [COLLEGE] EDUCATION CHOICE TUITION SAVINGS PROGRAM § 2. Section 695 of the education law, as added by chapter 546 of the laws of 1997, is amended to read as follows: § 695. Program established. There is hereby established the [college] EDUCATION choice tuition savings program and such program shall be known and may be cited as the "New York state [college] EDUCATION choice tuition savings program". § 3. Subdivision 5 of section 695-b of the education law, as amended by chapter 535 of the laws of 2000, is amended to read as follows: 5. "Eligible educational institution" shall mean any institution of higher education defined as an eligible educational institution in section 529(e)(5) of the Internal Revenue Code of 1986, as amended, AND ANY ELEMENTARY OR SECONDARY SCHOOL FOR WHICH TUITION EXPENSES ARE INCLUDED WITHIN THE DEFINITION OF THE TERM QUALIFIED HIGHER EDUCATION EXPENSES IN SECTION 529(E)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. § 4. Subdivision 10 of section 695-e of the education law, as amended by chapter 593 of the laws of 2003, is amended to read as follows: 10. The comptroller shall promulgate rules or regulations to prevent contributions on behalf of a designated beneficiary in excess of an EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
Co-Sponsors
Thomas F. O'Mara
(R, C, IP) 58th Senate District
Rich Funke
(R, C, IP) 0 Senate District
S7783A (ACTIVE) - Details
- Current Committee:
- Assembly Education
- Law Section:
- Education Law
- Laws Affected:
- Amd Art 14-A Art Head, §§695, 695-b & 695-e, Ed L; amd §612, Tax L
S7783A (ACTIVE) - Sponsor Memo
BILL NUMBER: S7783A SPONSOR: GOLDEN TITLE OF BILL: An act to amend the education law, the tax law, the state finance law, the mental hygiene law and the civil practice law and rules, in relation to expanding the New York state college choice tuition savings program to include costs of elementary and secondary education PURPOSE OR GENERAL IDEA OF BILL: To conform New York law to the current Federal law regarding Internal Revenue Code section 529 savings plans. SUMMARY OF PROVISIONS: Section 1 of this bill changes the title of Article 14-A of the Educa- tion Law from New York State College Choice Tuition Savings Program to New York State Education Choice Tuition Savings Program. Section 2 of this bill amends Education Law section 695 to establish the
S7783A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7783--A I N S E N A T E February 23, 2018 ___________ Introduced by Sens. GOLDEN, O'MARA -- read twice and ordered printed, and when printed to be committed to the Committee on Higher Education -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the education law, the tax law, the state finance law, the mental hygiene law and the civil practice law and rules, in relation to expanding the New York state college choice tuition savings program to include costs of elementary and secondary education THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The article heading of article 14-A of the education law, as added by chapter 546 of the laws of 1997, is amended to read as follows: ARTICLE 14-A NEW YORK STATE [COLLEGE] EDUCATION CHOICE TUITION SAVINGS PROGRAM § 2. Section 695 of the education law, as added by chapter 546 of the laws of 1997, is amended to read as follows: § 695. Program established. There is hereby established the [college] EDUCATION choice tuition savings program and such program shall be known and may be cited as the "New York state [college] EDUCATION choice tuition savings program". § 3. Subdivision 5 of section 695-b of the education law, as amended by chapter 535 of the laws of 2000, is amended to read as follows: 5. "Eligible educational institution" shall mean any institution of higher education defined as an eligible educational institution in section 529(e)(5) of the Internal Revenue Code of 1986, as amended, AND ANY ELEMENTARY OR SECONDARY SCHOOL FOR WHICH TUITION EXPENSES ARE INCLUDED WITHIN THE DEFINITION OF THE TERM QUALIFIED HIGHER EDUCATION EXPENSES IN SECTION 529(E)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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