Senate Bill S529B

2023-2024 Legislative Session

Requires degree-granting institutions of higher education to make certain biennial disclosures

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Higher Education Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

co-Sponsors

2023-S529 - Details

See Assembly Version of this Bill:
A2177
Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Add §239-c, Ed L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8208, A10298
2021-2022: S299, A3308

2023-S529 - Summary

Requires degree-granting institutions of higher education to make certain biennial disclosures and to conspicuously publish the report on the website of such institution and submit the website address of such report to the department.

2023-S529 - Sponsor Memo

2023-S529 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    529
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              January 4, 2023
                                ___________
 
 Introduced  by  Sens.  THOMAS,  COMRIE, JACKSON, RAMOS -- 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 requiring degree-
   granting institutions of higher education  to  make  certain  biennial
   disclosures

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The education law is amended by adding a new section  239-d
 to read as follows:
   §  239-D. BIENNIAL DISCLOSURES. 1. ALL DEGREE-GRANTING INSTITUTIONS OF
 HIGHER EDUCATION OFFERING REGISTERED UNDERGRADUATE PROGRAMS  SHALL  MAKE
 AND  PUBLISH  A  BIENNIAL  REPORT DISCLOSING THE FOLLOWING, BASED ON THE
 MOST RECENT DATA OR CALCULATIONS AVAILABLE,  AND  BASED  ON  AUDITED  OR
 AGENCY-REVIEWED DATA WHENEVER AVAILABLE:
   (A) WHETHER SUCH INSTITUTION IS A DEGREE-GRANTING PROPRIETARY INSTITU-
 TION  OF  HIGHER EDUCATION, A NON-PROFIT INSTITUTION OF HIGHER EDUCATION
 OR A PUBLIC INSTITUTION OF HIGHER EDUCATION;
   (B) EXCEPT FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION, THE  OWNERSHIP
 OR OWNERSHIP INTEREST AND CONTROL OF SUCH INSTITUTION;
   (C)  WHETHER  THE  INSTITUTION  HAS  THE  AUTHORITY TO CONFER TWO-YEAR
 DEGREES, FOUR-YEAR DEGREES OR BOTH;
   (D) A SCHEDULE OF ALL TUITION,  MANDATORY  FEES  AND  OTHER  MANDATORY
 COSTS  TO ATTEND SUCH INSTITUTION, PER SEMESTER OR, WHEN APPLICABLE, PER
 QUARTER;
   (E) IN THE CASE OF  ANY  DEGREE-GRANTING  PROPRIETARY  INSTITUTION  OF
 HIGHER  EDUCATION, THE GROSS PROFIT OF SUCH INSTITUTION AS STATED IN THE
 INSTITUTION'S MOST RECENT AUDITED FINANCIAL STATEMENT SHALL BE  REPORTED
 AS A DOLLAR AMOUNT;
   (F)  THE  AMOUNT OF ANY DIVIDENDS PAID OR DISTRIBUTIONS OF ANY PART OF
 SUCH INSTITUTION'S INCOME OR PROFITS;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01861-01-3
              

co-Sponsors

2023-S529A - Details

See Assembly Version of this Bill:
A2177
Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Add §239-c, Ed L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8208, A10298
2021-2022: S299, A3308

2023-S529A - Summary

Requires degree-granting institutions of higher education to make certain biennial disclosures and to conspicuously publish the report on the website of such institution and submit the website address of such report to the department.

2023-S529A - Sponsor Memo

2023-S529A - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  529--A
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              January 4, 2023
                                ___________
 
 Introduced  by  Sens.  THOMAS,  COMRIE, JACKSON, RAMOS -- read twice and
   ordered printed, and when printed to be committed to the Committee  on
   Higher  Education  --  committee  discharged,  bill  amended,  ordered
   reprinted as amended and recommitted to said committee
 
 AN ACT to amend the education law,  in  relation  to  requiring  degree-
   granting  institutions  of  higher  education to make certain biennial
   disclosures
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. The education law is amended by adding a new section 239-c
 to read as follows:
   § 239-C. BIENNIAL DISCLOSURES. 1. ALL DEGREE-GRANTING INSTITUTIONS  OF
 HIGHER  EDUCATION  OFFERING REGISTERED UNDERGRADUATE PROGRAMS SHALL MAKE
 AND PUBLISH A BIENNIAL REPORT DISCLOSING THE  FOLLOWING,  BASED  ON  THE
 MOST  RECENT  DATA  OR  CALCULATIONS  AVAILABLE, AND BASED ON AUDITED OR
 AGENCY-REVIEWED DATA WHENEVER AVAILABLE:
   (A) WHETHER SUCH INSTITUTION IS A DEGREE-GRANTING PROPRIETARY INSTITU-
 TION OF HIGHER EDUCATION, A NON-PROFIT INSTITUTION OF  HIGHER  EDUCATION
 OR A PUBLIC INSTITUTION OF HIGHER EDUCATION;
   (B)  EXCEPT FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION, THE OWNERSHIP
 OR OWNERSHIP INTEREST AND CONTROL OF SUCH INSTITUTION;
   (C) WHETHER THE INSTITUTION  HAS  THE  AUTHORITY  TO  CONFER  TWO-YEAR
 DEGREES, FOUR-YEAR DEGREES OR BOTH;
   (D)  A  SCHEDULE  OF  ALL  TUITION, MANDATORY FEES AND OTHER MANDATORY
 COSTS TO ATTEND SUCH INSTITUTION, PER SEMESTER OR, WHEN APPLICABLE,  PER
 QUARTER;
   (E)  IN  THE  CASE  OF  ANY DEGREE-GRANTING PROPRIETARY INSTITUTION OF
 HIGHER EDUCATION, THE GROSS PROFIT OF SUCH INSTITUTION AS STATED IN  THE
 INSTITUTION'S  MOST RECENT AUDITED FINANCIAL STATEMENT SHALL BE REPORTED
 AS A DOLLAR AMOUNT;

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01861-03-3
 S. 529--A                           2
              

co-Sponsors

2023-S529B (ACTIVE) - Details

See Assembly Version of this Bill:
A2177
Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Add §239-c, Ed L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8208, A10298
2021-2022: S299, A3308

2023-S529B (ACTIVE) - Summary

Requires degree-granting institutions of higher education to make certain biennial disclosures and to conspicuously publish the report on the website of such institution and submit the website address of such report to the department.

2023-S529B (ACTIVE) - Sponsor Memo

2023-S529B (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  529--B
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              January 4, 2023
                                ___________
 
 Introduced  by  Sens.  THOMAS,  COMRIE, JACKSON, RAMOS -- read twice and
   ordered printed, and when printed to be committed to the Committee  on
   Higher  Education  --  committee  discharged,  bill  amended,  ordered
   reprinted as amended and recommitted to said  committee  --  committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee
 
 AN  ACT  to  amend  the  education law, in relation to requiring degree-
   granting institutions of higher education  to  make  certain  biennial
   disclosures
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The education law is amended by adding a new section  239-c
 to read as follows:
   §  239-C. BIENNIAL DISCLOSURES. 1. ALL DEGREE-GRANTING INSTITUTIONS OF
 HIGHER EDUCATION OFFERING REGISTERED UNDERGRADUATE PROGRAMS  SHALL  MAKE
 AND  PUBLISH  A  BIENNIAL  REPORT DISCLOSING THE FOLLOWING, BASED ON THE
 MOST RECENT DATA OR CALCULATIONS AVAILABLE,  AND  BASED  ON  AUDITED  OR
 AGENCY-REVIEWED DATA WHENEVER AVAILABLE:
   (A) WHETHER SUCH INSTITUTION IS A DEGREE-GRANTING PROPRIETARY INSTITU-
 TION  OF  HIGHER EDUCATION, A NON-PROFIT INSTITUTION OF HIGHER EDUCATION
 OR A PUBLIC INSTITUTION OF HIGHER EDUCATION;
   (B) EXCEPT FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION, THE  OWNERSHIP
 OR OWNERSHIP INTEREST AND CONTROL OF SUCH INSTITUTION;
   (C)  WHETHER  THE  INSTITUTION  HAS  THE  AUTHORITY TO CONFER TWO-YEAR
 DEGREES, FOUR-YEAR DEGREES OR BOTH;
   (D) A SCHEDULE OF ALL TUITION,  MANDATORY  FEES  AND  OTHER  MANDATORY
 COSTS  TO ATTEND SUCH INSTITUTION, PER SEMESTER OR, WHEN APPLICABLE, PER
 QUARTER;
   (E) IN THE CASE OF  ANY  DEGREE-GRANTING  PROPRIETARY  INSTITUTION  OF
 HIGHER  EDUCATION, THE GROSS PROFIT OF SUCH INSTITUTION AS STATED IN THE

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01861-04-3
 S. 529--B                           2
              

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