Bill Text: NY S07567 | 2013-2014 | General Assembly | Amended

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Bill Title: Relates to the New York state science, technology, engineering and mathematics incentive program.

Spectrum: Slight Partisan Bill (Republican 3-1)

Status: (Introduced - Dead) 2014-05-28 - PRINT NUMBER 7567A [S07567 Detail]

Download: New_York-2013-S07567-Amended.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        7567--A
                                   I N  S E N A T E
                                     May 15, 2014
                                      ___________
       Introduced  by  Sen. LAVALLE -- read twice and ordered printed, and when
         printed to be committed  to  the  Committee  on  Higher  Education  --
         committee  discharged,  bill amended, ordered reprinted as amended and
         recommitted to said committee
       AN ACT to amend the education law, in relation to  the  New  York  state
         science, technology, engineering and mathematics incentive program
         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 669-e of  the  education  law,  as
    2  added  by  section  1  of  part  G of chapter 56 of the laws of 2014, is
    3  amended to read as follows:
    4    1. Undergraduate students who are matriculated in an  approved  under-
    5  graduate program leading to a career in science, technology, engineering
    6  or  mathematics at a New York state [public institution of higher educa-
    7  tion] COLLEGE AS DEFINED IN SECTION SIX  HUNDRED  ONE  OF  THIS  CHAPTER
    8  shall  be  eligible for an award under this section, provided the appli-
    9  cant: (a) graduates from a high school located in New York state  during
   10  or after the two thousand thirteen--fourteen school year; and (b) gradu-
   11  ates within the top ten percent of his or her high school class; and (c)
   12  enrolls  in  full-time  study each term beginning in the fall term after
   13  his or her high school graduation in an approved  undergraduate  program
   14  in  science,  technology,  engineering or mathematics, as defined by the
   15  corporation, at a New York state [public institution  of  higher  educa-
   16  tion] COLLEGE AS DEFINED IN SECTION SIX HUNDRED ONE OF THIS CHAPTER; and
   17  (d) signs a contract with the corporation agreeing that his or her award
   18  will  be  converted  to a student loan in the event the student fails to
   19  comply with the terms of this program as set forth in  subdivision  four
   20  of this section; and (e) complies with the applicable provisions of this
   21  article  and  all  requirements  promulgated  by the corporation for the
   22  administration of the program.
   23    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD15216-03-4