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Senate Bill S7931

2023-2024 Legislative Session

Increases the minimum tuition assistance program award

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Sponsored By

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

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2023-S7931 (ACTIVE) - Details

See Assembly Version of this Bill:
A8089
Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Amd §667, Ed L

2023-S7931 (ACTIVE) - Summary

Increases the minimum tuition assistance program award from five hundred dollars to one thousand dollars.

2023-S7931 (ACTIVE) - Sponsor Memo

2023-S7931 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7931
 
                             I N  S E N A T E
 
                              January 3, 2024
                                ___________
 
 Introduced  by  Sen.  WEBB  --  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 minimum
   tuition assistance program award
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Subparagraph  (vi)  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 and a new subparagraph (vii)
 is added to read as follows:
   (vi) For the two thousand two--two thousand three THROUGH TWO THOUSAND
 TWENTY-THREE--TWO THOUSAND TWENTY-FOUR academic  [year  and  thereafter]
 YEARS,  the  award shall be the net amount of the base amount determined
 pursuant to subparagraph (i)  of  this  paragraph  reduced  pursuant  to
 subparagraph  (ii) or (iii) of this paragraph but the award shall not be
 reduced below five hundred dollars.
   (VII) FOR  THE  TWO  THOUSAND  TWENTY-FOUR--TWO  THOUSAND  TWENTY-FIVE
 ACADEMIC  YEAR  AND THEREAFTER, THE AWARD SHALL BE THE NET AMOUNT OF THE
 BASE AMOUNT DETERMINED PURSUANT TO SUBPARAGRAPH (I)  OF  THIS  PARAGRAPH
 REDUCED PURSUANT TO SUBPARAGRAPH (II) OR (III) OF THIS PARAGRAPH BUT THE
 AWARD SHALL NOT BE REDUCED BELOW ONE THOUSAND DOLLARS.
   § 2. This act shall take effect June 1, 2024.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13260-01-3

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