senate Bill S6592

2019-2020 Legislative Session

Relates to the transfer of certain funds from the licensed private career schools tuition reimbursement account to the proprietary vocational school supervision account

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Rules Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 17, 2019 referred to rules

S6592 (ACTIVE) - Details

See Assembly Version of this Bill:
A4042
Current Committee:
Senate Rules
Law Section:
Education Law
Laws Affected:
Amd §5007, Ed L
Versions Introduced in 2017-2018 Legislative Session:
S6510, A7947

S6592 (ACTIVE) - Summary

Provides that if the net balance of the reimbursement account exceeds two million five hundred thousand dollars, any amount over two million five hundred thousand dollars shall be transferred to the proprietary vocational school supervision account.

S6592 (ACTIVE) - Sponsor Memo

S6592 (ACTIVE) - Bill Text download pdf


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

                                  6592

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                              June 17, 2019
                               ___________

Introduced  by  Sen.  LIU  --  read  twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to amend the education  law,  in  relation  to  the  transfer  of
  certain  funds  from  the  licensed  private  career  schools  tuition
  reimbursement account to the proprietary vocational school supervision
  account

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision  10  of  section 5007 of the education law is
amended by adding a new paragraph i to read as follows:
  I. IN THE EVENT THAT THE NET  BALANCE  OF  THE  TUITION  REIMBURSEMENT
ACCOUNT  IS  IN  EXCESS OF TWO MILLION FIVE HUNDRED THOUSAND DOLLARS, AS
DEFINED IN PARAGRAPH A OF THIS SUBDIVISION, ANY AMOUNT OVER TWO  MILLION
FIVE  HUNDRED  THOUSAND  DOLLARS  SHALL  BE  TRANSFERRED DIRECTLY TO THE
PROPRIETARY VOCATIONAL SCHOOL SUPERVISION ACCOUNT UPON  REQUEST  BY  THE
COMMISSIONER.
  § 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07644-01-9

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