Bill Text: NY A01952 | 2011-2012 | General Assembly | Introduced

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Bill Title: Provides that tuition paid to public institutions of higher education shall be maintained in a separate account to be used only for higher education purposes.

Spectrum: Moderate Partisan Bill (Republican 24-4)

Status: (Introduced - Dead) 2012-05-22 - held for consideration in higher education [A01952 Detail]

Download: New_York-2011-A01952-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         1952
                              2011-2012 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 12, 2011
                                      ___________
       Introduced by M. of A. CASTELLI, McDONOUGH, BURLING, McKEVITT, MOLINARO,
         SAYWARD,  KOLB,  TOBACCO  --  Multi-Sponsored  by -- M. of A. BARCLAY,
         CROUCH, THIELE, WEISENBERG -- read once and referred to the  Committee
         on Higher Education
       AN ACT to amend the education law, in relation to requiring that tuition
         paid  for  public  higher education be used for the purposes of higher
         education
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 355 of the education law is amended by adding a new
    2  subdivision 4-a to read as follows:
    3    4-A.  NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, ALL MONEYS
    4  AND REVENUE DERIVED FROM THE  PAYMENT  OF  TUITION  AT  ANY  COLLEGE  OR
    5  UNIVERSITY OF THE STATE UNIVERSITY OF NEW YORK SHALL BE DEPOSITED IN AND
    6  CREDITED  TO  A  SEPARATE  ACCOUNT.  THE MONEYS IN SUCH ACCOUNT SHALL BE
    7  EXPENDED SOLELY FOR THE FUNDING OF PUBLIC  HIGHER  EDUCATION.  UNDER  NO
    8  CIRCUMSTANCE  SHALL  THE  MONEYS  IN SUCH ACCOUNT BE COMMINGLED WITH ANY
    9  OTHER MONEYS.
   10    S 2. Section 6221 of the education law is  amended  by  adding  a  new
   11  subdivision F to read as follows:
   12    F.  NOTWITHSTANDING  ANY  PROVISION OF LAW TO THE CONTRARY, ALL MONEYS
   13  AND REVENUE DERIVED FROM THE PAYMENT OF TUITION AT ANY  COLLEGE  OF  THE
   14  CITY  UNIVERSITY  OF  NEW  YORK  SHALL BE DEPOSITED IN AND CREDITED TO A
   15  SEPARATE ACCOUNT. THE MONEYS IN SUCH ACCOUNT SHALL  BE  EXPENDED  SOLELY
   16  FOR THE FUNDING OF PUBLIC HIGHER EDUCATION. UNDER NO CIRCUMSTANCES SHALL
   17  THE MONEYS IN SUCH ACCOUNT BE COMMINGLED WITH ANY OTHER MONEYS.
   18    S  3.  Section  6304  of  the education law is amended by adding a new
   19  subdivision 14 to read as follows:
   20    14. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY,  ALL  MONEYS
   21  AND REVENUE DERIVED FROM THE PAYMENT OF TUITION AT ANY COMMUNITY COLLEGE
   22  SHALL  BE DEPOSITED IN AND CREDITED TO A SEPARATE ACCOUNT. THE MONEYS IN
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD05482-01-1
       A. 1952                             2
    1  SUCH ACCOUNT SHALL BE EXPENDED SOLELY FOR THE FUNDING OF  PUBLIC  HIGHER
    2  EDUCATION.  UNDER  NO  CIRCUMSTANCES SHALL THE MONEYS IN SUCH ACCOUNT BE
    3  COMMINGLED WITH ANY OTHER MONEYS.
    4    S 4.  This act shall take effect immediately.