Bill Text: NY S02029 | 2013-2014 | General Assembly | Amended
Bill Title: Requires institutions of higher education to disclose the average dollar amount of institutional aid awarded to students.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-02-19 - PRINT NUMBER 2029A [S02029 Detail]
Download: New_York-2013-S02029-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 2029--A 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. LAVALLE -- read twice and ordered printed, and when printed to be committed to the Committee on Higher Education -- recom- mitted to the Committee on Higher Education in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the education law, in relation to the disclosure of average awards by institutions of higher education THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. The education law is amended by adding a new section 6406 2 to read as follows: 3 S 6406. DISCLOSURE OF AVERAGE AWARDS BY INSTITUTIONS OF HIGHER EDUCA- 4 TION. 1. FOR PURPOSES OF THIS SECTION THE TERM "INSTITUTION OF HIGHER 5 EDUCATION" SHALL MEAN AN INSTITUTION THAT MEETS THE REQUIREMENTS SET 6 FORTH IN SUBDIVISION TWO OF SECTION SIXTY-FOUR HUNDRED ONE OF THIS ARTI- 7 CLE, OR AS DEFINED IN SUBDIVISIONS TWO, THREE, OR FOUR OF SECTION THREE 8 HUNDRED FIFTY OF THIS CHAPTER, OR SUBDIVISIONS FOUR OR FIVE OF SECTION 9 SIXTY-TWO HUNDRED TWO OF THIS TITLE AND THE TERM "INCOME" SHALL HAVE THE 10 SAME MEANING AS SUCH TERM IS DEFINED IN SUBDIVISION ONE OF SECTION SIX 11 HUNDRED SIXTY-THREE OF THIS CHAPTER. 12 2. EACH INSTITUTION OF HIGHER EDUCATION LOCATED IN THIS STATE SHALL 13 DISCLOSE THE AVERAGE DOLLAR AMOUNT OF AID AWARDED BY THE INSTITUTION TO 14 STUDENTS WITH AN ANNUAL INCOME OF LESS THAN TWO HUNDRED THOUSAND 15 DOLLARS. SUCH DISCLOSURE SHALL BE MADE FOR EACH LEVEL OF ANNUAL INCOME 16 IN TWENTY THOUSAND DOLLAR INCREMENTS. SUCH DISCLOSURE SHALL BE AVAIL- 17 ABLE: (A) IN WRITTEN FORM UPON REQUEST BY ANY PERSON; (B) ON THE WEBSITE 18 OF SUCH INSTITUTION; AND (C) IN SUCH INSTITUTION'S CATALOGUE. 19 S 2. This act shall take effect on the sixtieth day after it shall 20 have become a law; provided that the provisions of paragraph (c) of 21 subdivision 2 of section 6406 of the education law added by section one 22 of this act shall take effect July 1, 2015. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06181-02-4