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Senate Bill S5717

2023-2024 Legislative Session

Increases the income eligibility threshold for the tuition assistance program

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Archive: Last Bill Status - In Senate Committee Higher Education Committee

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2023-S5717 (ACTIVE) - Details

Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Amd §667, Ed L

2023-S5717 (ACTIVE) - Summary

Increases the income eligibility threshold for the tuition assistance program to $110,000 or the regional median income, whichever is greater; provides regional median income shall be determined by economic development region.

2023-S5717 (ACTIVE) - Sponsor Memo

2023-S5717 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5717
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              March 15, 2023
                                ___________
 
 Introduced  by  Sen.  MURRAY -- read twice and ordered printed, and when
   printed to be committed to the Committee on Higher Education
 
 AN ACT to amend the education law, in relation to increasing the  income
   eligibility threshold for the tuition assistance program
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subparagraph (ii)  of  paragraph  a  of  subdivision  3  of
 section  667  of the education law, as amended by section 1 of part B of
 chapter 60 of the laws of 2000, is amended to read as follows:
   (ii) (A) Except for students as noted in subparagraph  (iii)  of  this
 paragraph,  the  base amount as determined from subparagraph (i) of this
 paragraph, shall be reduced in relation to income as follows:
 
 Amount of income                     Schedule of reduction
                                      of base amount
 
 [(A)] (1) Less than seven thousand   None
     dollars
 [(B)] (2) Seven thousand dollars     Seven per centum of excess
     or more, but less than eleven    over seven thousand dollars
     thousand dollars
 [(C)] (3) Eleven thousand dollars    Two hundred eighty dollars
     or more, but less than eighteen  plus ten per centum of excess
     thousand dollars                 over eleven thousand dollars
 [(D)] (4) Eighteen thousand dollars  Nine hundred eighty dollar
     or more, but not more than       plus twelve per centum of
     [eighty] ONE HUNDRED TEN         excess over eighteen
     thousand dollars OR, THE         thousand dollars
     THE REGIONAL MEDIAN INCOME,
     WHICHEVER IS GREATER
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10105-01-3
 S. 5717                             2

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