Bill Text: NY S02213 | 2017-2018 | General Assembly | Amended
Bill Title: Relates to tuition assistance program awards.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Engrossed - Dead) 2018-01-24 - PRINT NUMBER 2213B [S02213 Detail]
Download: New_York-2017-S02213-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 2213--B 2017-2018 Regular Sessions IN SENATE January 12, 2017 ___________ Introduced by Sens. LAVALLE, FUNKE, ORTT -- read twice and ordered printed, and when printed to be committed to the Committee on Higher Education -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- recommitted 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 tuition assistance program awards The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (ii) of paragraph a of subdivision 3 of 2 section 667 of the education law, as amended by section 1 of part B of 3 chapter 60 of the laws of 2000, is amended to read as follows: 4 (ii) Except for students as noted in subparagraph (iii) of this para- 5 graph, the base amount as determined from subparagraph (i) of this para- 6 graph, shall be reduced in relation to income as follows: 7 For the 2018-2019 academic year: 8 Amount of income Schedule of reduction 9 of base amount 10 (A) Less than seven thousand None 11 dollars 12 (B) Seven thousand dollars or Seven per centum of excess 13 more, but less than eleven over seven thousand dollars 14 thousand dollars 15 (C) Eleven thousand dollars or Two hundred eighty dollars 16 more, but less than eighteen plus ten per centum 17 thousand dollars of excess over eleven EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD07457-05-8S. 2213--B 2 1 thousand dollars 2 (D) Eighteen thousand dollars or Nine hundred eighty dollars 3 more, but not more than plus twelve 4 per centum of 5 eighty thousand excess over eighteen 6 dollars thousand dollars 7 For the 2019-2020 academic year and thereafter: 8 Amount of income Schedule of reduction 9 of base amount 10 (A) Less than ten thousand None 11 dollars 12 (B) Ten thousand dollars or 3.19 percent 13 more but less than fifteen 14 thousand dollars 15 (C) Fifteen thousand dollars 12.88 percent 16 or more but less than 17 twenty thousand dollars 18 (D) Twenty thousand dollars 22.56 percent 19 or more but less than 20 twenty-five thousand 21 dollars 22 (E) Twenty-five thousand 32.24 percent 23 dollars or more but 24 less than thirty thousand 25 dollars 26 (F) Thirty thousand dollars 41.92 percent 27 or more but less than 28 thirty-five thousand dollars 29 (G) Thirty-five thousand dollars 51.60 percent 30 or more but less than 31 forty thousand dollars 32 (H) Forty thousand dollars or 61.28 percent 33 more but less than forty-five 34 thousand dollars 35 (I) Forty-five thousand dollars 70.96 percent 36 or more but less than 37 fifty thousand dollars 38 (J) Fifty thousand dollars or 80.64 percent 39 more but less than one hundred 40 thousand dollars 41 § 2. This act shall take effect immediately.