Bill Text: NY A05845 | 2009-2010 | General Assembly | Introduced
Bill Title: An act to amend the education law, in relation to requiring that tuition paid for public higher education be used for the purposes of higher education
Spectrum: Moderate Partisan Bill (Republican 14-2)
Status: (Introduced - Dead) 2010-05-11 - held for consideration in higher education [A05845 Detail]
Download: New_York-2009-A05845-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 5845 2009-2010 Regular Sessions I N A S S E M B L Y February 20, 2009 ___________ Introduced by M. of A. BALL -- read once and referred to the Committee on Higher Education AN ACT to amend the education law, in relation to requiring that tuition paid for public higher education be used for the purposes of higher education THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 355 of the education law is amended by adding a new 2 subdivision 4-a to read as follows: 3 4-A. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, ALL MONEYS 4 AND REVENUE DERIVED FROM THE PAYMENT OF TUITION AT ANY COLLEGE OR 5 UNIVERSITY OF THE STATE UNIVERSITY OF NEW YORK SHALL BE DEPOSITED IN AND 6 CREDITED TO A SEPARATE ACCOUNT. THE MONEYS IN SUCH ACCOUNT SHALL BE 7 EXPENDED SOLELY FOR THE FUNDING OF PUBLIC HIGHER EDUCATION. UNDER NO 8 CIRCUMSTANCE SHALL THE MONEYS IN SUCH ACCOUNT BE COMMINGLED WITH ANY 9 OTHER MONEYS. 10 S 2. Section 6221 of the education law is amended by adding a new 11 subdivision F to read as follows: 12 F. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, ALL MONEYS 13 AND REVENUE DERIVED FROM THE PAYMENT OF TUITION AT ANY COLLEGE OF THE 14 CITY UNIVERSITY OF NEW YORK SHALL BE DEPOSITED IN AND CREDITED TO A 15 SEPARATE ACCOUNT. THE MONEYS IN SUCH ACCOUNT SHALL BE EXPENDED SOLELY 16 FOR THE FUNDING OF PUBLIC HIGHER EDUCATION. UNDER NO CIRCUMSTANCES SHALL 17 THE MONEYS IN SUCH ACCOUNT BE COMMINGLED WITH ANY OTHER MONEYS. 18 S 3. Section 6304 of the education law is amended by adding a new 19 subdivision 14 to read as follows: 20 14. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, ALL MONEYS 21 AND REVENUE DERIVED FROM THE PAYMENT OF TUITION AT ANY COMMUNITY COLLEGE 22 SHALL BE DEPOSITED IN AND CREDITED TO A SEPARATE ACCOUNT. THE MONEYS IN 23 SUCH ACCOUNT SHALL BE EXPENDED SOLELY FOR THE FUNDING OF PUBLIC HIGHER 24 EDUCATION. UNDER NO CIRCUMSTANCES SHALL THE MONEYS IN SUCH ACCOUNT BE 25 COMMINGLED WITH ANY OTHER MONEYS. 26 S 4. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08902-01-9