S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9641
 
                           I N  A S S E M B L Y
 
                              March 26, 2024
                                ___________
 
 Introduced  by  M.  of  A.  ZEBROWSKI  --  read once and referred to the
   Committee on Higher Education
 
 AN ACT to amend the education law, in relation to  allowing  the  higher
   education  services  corporation  to consider an applicant's change in
   income due to the loss of employment in  determining  eligibility  and
   award  amount  for  the tuition assistance program; and to provide for
   the repeal of such provisions upon the 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.  A.  Adjustments  of  income.  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. FOR THE TWO THOUSAND TWENTY-THREE--TWO THOUSAND TWENTY-FOUR ACADEM-
 IC YEAR, THE CORPORATION,  PURSUANT  TO  RULES  AND  REGULATIONS,  SHALL
 CONSIDER  AN  APPLICANT'S CHANGE IN INCOME DUE TO THE LOSS OF EMPLOYMENT
 OF THE APPLICANT OR PARENT OF THE APPLICANT AND UTILIZE THE  APPLICANT'S
 INCOME  REPORTED  IN  NEW  YORK  STATE  INCOME TAX RETURNS FOR THE PRIOR
 CALENDAR YEAR IN MAKING ADJUSTMENTS TO ELIGIBILITY AND THE AMOUNT OF THE
 AWARD FOR SUCH ACADEMIC YEAR. THE CORPORATION MAY REQUIRE SUCH  DOCUMEN-
 TARY  EVIDENCE, TESTIMONY OR AFFIDAVITS AS IT DEEMS SUFFICIENT IN GRANT-
 ING SUCH AN ADJUSTMENT OF AN AWARD.
   § 2. This act shall take effect immediately and shall  expire  and  be
 deemed repealed December 31, 2024.
 
              

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03282-01-3