Bill Title: Establishes, within the New York state higher education services corporation, the New York state college graduate loan forgiveness incentive program; such program provides awards to residents of the state who received a bachelor or graduate degree from a college or university in the state, and who subsequently are employed by a governmental or not-for profit agency for certain periods of time; awards shall be used to pay down the principal on the recipient's outstanding college loans; and establishes a reduction of federal adjusted gross income, for state personal income tax purposes, for interest paid on undergraduate college loans for taxpayers earning $75,000 or less.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2016-01-06 - REFERRED TO HIGHER EDUCATION [S03924 Detail]

Text: Latest bill text (Introduced) [HTML]

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