Bill Text: NY A03918 | 2015-2016 | General Assembly | Amended

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Bill Title: Provides loans, grants and incentives to promote studies in math, science and engineering or any other high-tech field the commissioner deems appropriate on a high school and college level; establishes certain state funds and provides tax credits for contributions thereto; makes an appropriation therefor.

Spectrum: Strong Partisan Bill (Republican 16-1)

Status: (Introduced - Dead) 0000-00-00 - [A03918 Detail]

Download: New_York-2015-A03918-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          3918
                               2015-2016 Regular Sessions
                   IN ASSEMBLY
                                    January 28, 2015
                                       ___________
        Introduced by M. of A. TEDISCO, THIELE, KOLB, BUTLER, McKEVITT, PALMESA-
          NO,  MONTESANO  --  Multi-Sponsored  by  --  M. of A. BARCLAY, CROUCH,
          FINCH, GIGLIO, HAWLEY, LOPEZ, OAKS, RAIA,  SALADINO,  TENNEY  --  read
          once and referred to the Committee on Education
        AN  ACT  to  amend  the education law, the state finance law and the tax
          law, in relation to increasing educational opportunities in the fields
          of math, science and technology or any high-tech field; and making  an
          appropriation therefor
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Short title. This act shall be known and may  be  cited  as
     2  the "New Edison Project Act".
     3    § 2. Legislative intent. Today, Americans are feeling the far-reaching
     4  effects   of  economic  globalization  and  the  loss  of  the  American
     5  distinction as the leader in technological innovation.  While  there  is
     6  recognition  throughout  the  United States from academic, political and
     7  business leaders of the nature of the  problem,  solutions  appear  both
     8  varied  and isolated. Only recently has government been compelled to put
     9  forth legislative efforts.
    10    Here in New York, we have made great efforts to cultivate a new gener-
    11  ation of high tech business, and we have marketed these emerging efforts
    12  with names such as Tech Valley and Silicon Alley. If we are to  continue
    13  to  build a future for New York as a technological center for innovation
    14  and science, we must be committed to cultivating  a  new  generation  of
    15  scientists.
    16    The  New  Edison  Project  does  not  rely on a single decision-making
    17  factor to influence a student's career choice,  but  instead  employs  a
    18  broad  range of programs that seek to influence and inspire a generation
    19  of high school and college students.
    20    § 3. Section 305 of the education law is amended  by  adding  two  new
    21  subdivisions 53 and 54 to read as follows:
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02657-01-5