Bill Text: NY A06713 | 2023-2024 | General Assembly | Introduced

---

Bill Title: Increases the amount of income eligible for income base reductions in certain tuition assistance program awards for students who have been granted exclusion of parental income and are single with no dependent, or who have a spouse but no other dependent, for income tax purposes.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced) 2024-01-03 - referred to higher education [A06713 Detail]

Download: New_York-2023-A06713-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                          6713

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                       May 5, 2023
                                       ___________

        Introduced  by  M. of A. FAHY -- read once and referred to the Committee
          on Higher Education

        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 (iii) of  paragraph  a  of  subdivision  3  of
     2  section  667  of the education law, as amended by section 3 of part H of
     3  chapter 58 of the laws of 2011, is amended to read as follows:
     4    (iii) (A) For students who have been  granted  exclusion  of  parental
     5  income  and were single with no dependent for income tax purposes during
     6  the tax year next preceding the academic year for which  application  is
     7  made,  the  base amount, as determined in subparagraph (i) of this para-
     8  graph, shall be reduced in relation to income as follows:

     9  Amount of income                    Schedule of reduction
    10                                      of base amount

    11  (1) Less than three thousand        None
    12      dollars
    13  (2) Three thousand dollars or       Thirty-one per centum of
    14      more, but not more than         amount in excess of three
    15      [ten] thirty thousand           thousand dollars
    16      dollars

    17    (B) For those students who have been  granted  exclusion  of  parental
    18  income who have a spouse but no other dependent, for income tax purposes
    19  during  the tax year next preceding the academic year for which applica-
    20  tion is made, the base amount, as determined in subparagraph (i) of this
    21  paragraph, shall be reduced in relation to income as follows:

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10027-02-3
        A. 6713                             2

     1  Amount of income                    Schedule of reduction
     2                                      of base amount

     3  (1) Less than seven thousand        None
     4      dollars
     5  (2) Seven thousand dollars or       Seven per centum of excess
     6      more, but less than eleven      over seven thousand dollars
     7      thousand dollars
     8  (3) Eleven thousand dollars or      Two hundred eighty dollars
     9      more, but less than eighteen    plus ten per centum of excess
    10      thousand dollars                over eleven thousand dollars
    11  (4) Eighteen thousand dollars or    Nine hundred eighty dollars
    12      more, but not more than [forty] plus twelve per centum of
    13      sixty thousand dollars          excess over eighteen
    14                                      thousand dollars

    15  § 2. This act shall take effect July 1, 2023.