Bill Text: NY S02213 | 2017-2018 | General Assembly | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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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

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         2213--A
                               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
        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 2017-2018 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
    18                                      thousand dollars
    19  (D) Eighteen thousand dollars or    Nine hundred eighty dollars
    20      more, but not more than         plus twelve
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07457-04-7
        S. 2213--A                          2
     1                                      per centum of
     2      eighty thousand                 excess over eighteen
     3      dollars                          thousand dollars
     4    For the 2018-2019 academic year and thereafter:
     5  Amount of income                    Schedule of reduction
     6                                      of base amount
     7  (A) Less than ten thousand          None
     8      dollars
     9  (B) Ten thousand dollars or         3.19 percent
    10      more but less than fifteen
    11      thousand dollars
    12  (C) Fifteen thousand dollars        12.88 percent
    13      or more but less than
    14      twenty thousand dollars
    15  (D) Twenty thousand dollars         22.56 percent
    16      or more but less than
    17      twenty-five thousand
    18      dollars
    19  (E) Twenty-five thousand            32.24 percent
    20      dollars or more but
    21      less than thirty thousand
    22      dollars
    23  (F) Thirty thousand dollars         41.92 percent
    24      or more but less than
    25      thirty-five thousand dollars
    26  (G) Thirty-five thousand dollars    51.60 percent
    27      or more but less than
    28      forty thousand dollars
    29  (H) Forty thousand dollars or       61.28 percent
    30      more but less than forty-five
    31      thousand dollars
    32  (I) Forty-five thousand dollars     70.96 percent
    33      or more but less than
    34      fifty thousand dollars
    35  (J) Fifty thousand dollars or       80.64 percent
    36      more but less than one hundred
    37      thousand dollars
    38    § 2. This act shall take effect immediately.