senate Bill S250A

2019-2020 Legislative Session

Establishes a private student loan refinance task force

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Current 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

view actions (18)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 03, 2020 referred to higher education
delivered to assembly
passed senate
Jan 21, 2020 advanced to third reading
Jan 15, 2020 2nd report cal.
Jan 14, 2020 1st report cal.128
Jan 09, 2020 print number 250a
Jan 09, 2020 amend and recommit to higher education
Jan 08, 2020 referred to higher education
returned to senate
died in assembly
Feb 04, 2019 referred to higher education
delivered to assembly
passed senate
Jan 28, 2019 advanced to third reading
Jan 23, 2019 2nd report cal.
Jan 22, 2019 1st report cal.30
Jan 09, 2019 referred to higher education

Votes

view votes

Jan 14, 2020 - Higher Education committee Vote

S250A
10
0
committee
10
Aye
0
Nay
0
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show Higher Education committee vote details

Higher Education Committee Vote: Jan 14, 2020

excused (1)

Jan 22, 2019 - Higher Education committee Vote

S250
10
0
committee
10
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

Committee Vote: Jan 22, 2019

aye wr (1)

Co-Sponsors

view additional co-sponsors

S250 - Details

Current Committee:
Assembly Higher Education
Law Section:
Education
Versions Introduced in 2017-2018 Legislative Session:
S5120

S250 - Summary

Establishes a private student loan refinance task force to study and report on ways lending institutions offering private student loans to graduates of institutions of higher education can be encouraged to establish student loan refinancing programs.

S250 - Sponsor Memo

S250 - Bill Text download pdf


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

                                   250

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2019
                               ___________

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

AN ACT to establish a private student loan  refinance  task  force;  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. There is hereby established the private student loan  refi-
nance task force. The purpose of such task force is to study and analyze
ways  lending  institutions that offer private student loans to New York
graduates of institutions of higher  education  can  be  incentives  and
encouraged to create student loan refinance programs.
  § 2. The private student loan refinance task force shall consist of 11
members and shall include: the state comptroller or his or her designee,
the  superintendent  of  financial  services or his or her designee, the
president of the higher education services corporation  or  his  or  her
designee,  the  chairs  and  ranking  minority members of the senate and
assembly committees on  higher  education  or  their  designees,  and  4
members  appointed by the governor from lending institutions in New York
that offer private student loans. All appointments  of  members  of  the
private  student  loan  refinance task force shall be made no later than
thirty days after the effective date of this act.
  § 3. The president of the higher education services corporation  shall
be  designated  as the chairperson of the private student loan refinance
task force. The members of the private student loan refinance task force
shall serve without compensation, except that members shall  be  allowed
their necessary and actual expenses incurred in the performance of their
duties under this act.
  §  4.  The  private  student  loan  refinance task force shall issue a
report of its findings and recommendations to the governor,  the  tempo-

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

Co-Sponsors

view additional co-sponsors

S250A (ACTIVE) - Details

Current Committee:
Assembly Higher Education
Law Section:
Education
Versions Introduced in 2017-2018 Legislative Session:
S5120

S250A (ACTIVE) - Summary

Establishes a private student loan refinance task force to study and report on ways lending institutions offering private student loans to graduates of institutions of higher education can be encouraged to establish student loan refinancing programs.

S250A (ACTIVE) - Sponsor Memo

S250A (ACTIVE) - Bill Text download pdf


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

                                 250--A

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2019
                               ___________

Introduced  by  Sens.  KENNEDY, BIAGGI, GOUNARDES, HELMING, KAPLAN, MAY,
  SALAZAR -- read twice and ordered printed,  and  when  printed  to  be
  committed  to  the Committee on Higher Education -- recommitted to the
  Committee on Higher Education in accordance with Senate Rule 6, sec. 8
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and recommitted to said committee

AN  ACT  to  establish  a private student loan refinance task force; 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. There is hereby established the private student loan refi-
nance task force. The purpose of such task force is to study and analyze
ways lending institutions that offer private student loans to  New  York
graduates  of  institutions  of  higher  education can be incentives and
encouraged to create student loan refinance programs.
  § 2. The private student loan refinance task force shall consist of 11
members and shall include: the state comptroller or his or her designee,
the superintendent of financial services or his  or  her  designee,  the
president  of  the  higher  education services corporation or his or her
designee, the chairs and ranking minority  members  of  the  senate  and
assembly  committees  on  higher  education  or  their  designees, and 4
members appointed by the governor from lending institutions in New  York
that  offer  private  student  loans. All appointments of members of the
private student loan refinance task force shall be made  no  later  than
thirty days after the effective date of this act.
  §  3. The president of the higher education services corporation shall
be designated as the chairperson of the private student  loan  refinance
task force. The members of the private student loan refinance task force
shall  serve  without compensation, except that members shall be allowed

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

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