Bill Text: NY A09890 | 2009-2010 | General Assembly | Introduced

New York Assembly Bill 9890 (Prior Session Legislation)

Introduced

Bill Title: Eliminates the use of income from pensions of New York state, local governments and the federal government from the calculation of income for the purposes of financial aid.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2010-02-09 - referred to higher education [A09890 Detail]

Download: New_York-2009-A09890-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         9890
                                 I N  A S S E M B L Y
                                   February 9, 2010
                                      ___________
       Introduced by M. of A. DelMONTE -- read once and referred to the Commit-
         tee on Higher Education
       AN ACT to amend the education law, in relation to eliminating the use of
         certain  pensions in the determination of the amount of student finan-
         cial aid
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Subdivision  1  of  section  663 of the education law, as
    2  amended by section 1 of part F of chapter 57 of the  laws  of  2009,  is
    3  amended to read as follows:
    4    1.  Income  defined.  Except  as  otherwise  provided in this section,
    5  "income" shall be the total of the  combined  net  taxable  income  [and
    6  income from pensions of New York state, local governments and the feder-
    7  al  government] of the applicant, the applicant's spouse, and the appli-
    8  cant's parents as reported in New York state income tax returns for  the
    9  calendar  year next preceding the beginning of the school year for which
   10  application for assistance is made, except that any amount  received  by
   11  an  applicant  as  a  scholarship  at an educational institution or as a
   12  fellowship grant, including the value of contributed services and accom-
   13  modations, shall not be included within the definition of  "income"  for
   14  the  purposes  of  this  article.  The term "parent" shall include birth
   15  parents, stepparents, adoptive parents and the  spouse  of  an  adoptive
   16  parent.  Income,  if  not  a whole dollar amount, shall be assumed to be
   17  equal to the next lowest whole dollar amount. Any change in  the  status
   18  of  an  applicant  with regard to the persons responsible for the appli-
   19  cant's support occurring after the beginning of any semester  shall  not
   20  be considered to change the applicant's award for that semester.
   21    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD14641-01-9