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Assembly Bill A5486

2025-2026 Legislative Session

Relates to recovery for certain overpayments

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Current Bill Status - In Assembly Committee

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2025-A5486 (ACTIVE) - Details

Current Committee:
Assembly Higher Education
Law Section:
Education
Versions Introduced in 2023-2024 Legislative Session:
A8191

2025-A5486 (ACTIVE) - Summary

Prohibits the higher education services corporation from seeking recovery of awards made in error during certain academic years due to administrative error.

2025-A5486 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5486
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 14, 2025
                                ___________
 
 Introduced  by M. of A. HYNDMAN -- read once and referred to the Commit-
   tee on Higher Education
 
 AN ACT in relation to recovery for certain overpayments
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any law, rule, or regulation to the contra-
 ry,  the  higher  education services corporation shall not seek recovery
 for overpayment where, through administrative error by such corporation,
 a student was incorrectly granted exclusion of parental  income  with  a
 dependent  for  the 2022--2023, 2023--2024, or 2024--2025 academic years
 for the purposes of determining eligibility pursuant to section  667  of
 the education law.
   ยง 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09534-01-5

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