Bill Text: NY A09641 | 2023-2024 | General Assembly | Introduced
Bill Title: Allows the higher education services corporation to consider an applicant's change in income due to the loss of employment in determining eligibility and award amount for the tuition assistance program; provides for the repeal of such provisions on December 31, 2024.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-07-15 - enacting clause stricken [A09641 Detail]
Download: New_York-2023-A09641-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 9641 IN ASSEMBLY March 26, 2024 ___________ Introduced by M. of A. ZEBROWSKI -- read once and referred to the Committee on Higher Education AN ACT to amend the education law, in relation to allowing the higher education services corporation to consider an applicant's change in income due to the loss of employment in determining eligibility and award amount for the tuition assistance program; and to provide for the repeal of such provisions upon the expiration thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 5 of section 663 of the education law, as 2 amended by section 3 of part J of chapter 58 of the laws of 2011, is 3 amended to read as follows: 4 5. a. Adjustments of income. In the determination of income for 5 purposes of paragraphs a and b of subdivision three of section six 6 hundred sixty-seven of this part if, during the academic year in which 7 the applicant will receive an award, one of either the parents of the 8 applicant or other dependent child of such parents, the spouse of the 9 applicant, or one or more dependent children of the applicant, in addi- 10 tion to the applicant, will be in full-time attendance in an approved 11 program, the combined net taxable income determined under subdivision 12 one of this section shall be reduced by three thousand dollars and an 13 additional two thousand dollars for each other such person additional to 14 the aforesaid persons (including the applicant) who will be in such 15 attendance, and the resulting amount shall be deemed the applicable 16 income in determining the applicant's award for the academic year. 17 b. For the two thousand twenty-three--two thousand twenty-four academ- 18 ic year, the corporation, pursuant to rules and regulations, shall 19 consider an applicant's change in income due to the loss of employment 20 of the applicant or parent of the applicant and utilize the applicant's 21 income reported in New York state income tax returns for the prior 22 calendar year in making adjustments to eligibility and the amount of the 23 award for such academic year. The corporation may require such documen- 24 tary evidence, testimony or affidavits as it deems sufficient in grant- 25 ing such an adjustment of an award. 26 § 2. This act shall take effect immediately and shall expire and be 27 deemed repealed December 31, 2024. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03282-01-3