Bill Text: NY S00784 | 2019-2020 | General Assembly | Introduced

---

Bill Title: Relates to establishing additional loan forgiveness benefits; negative population growth.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO HIGHER EDUCATION [S00784 Detail]

Download: New_York-2019-S00784-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                           784
                               2019-2020 Regular Sessions
                    IN SENATE
                                       (Prefiled)
                                     January 9, 2019
                                       ___________
        Introduced  by Sens. BRESLIN, KENNEDY -- read twice and ordered printed,
          and when printed to be committed to the Committee on Higher Education
        AN ACT to amend the education law, in  relation  to  establishing  addi-
          tional loan forgiveness benefits
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 679-g of the education law is amended by  adding  a
     2  new subdivision 5 to read as follows:
     3    5.  Additional  Loan  Forgiveness  Benefits.  (a)  Payments under this
     4  program shall be available for  an  additional  twenty-four  months  for
     5  applicants  residing  in  counties  in  this state that have experienced
     6  negative population growth from January  first,  two  thousand,  to  the
     7  latest  available annual estimates of the resident population. A recipi-
     8  ent who is not a resident of such a county at  the  time  an  additional
     9  payment  is made under this subdivision shall be required to refund such
    10  payments to the state. The corporation shall be  authorized  to  recover
    11  such  payments  in  accordance with rules and regulations promulgated by
    12  the corporation.
    13    (b) Any county that  experiences  twenty-four  consecutive  months  of
    14  population growth as determined by the latest available annual estimates
    15  of  resident  population by the United States bureau of the census shall
    16  be ineligible for the additional benefits described under paragraph  (a)
    17  of  this  subdivision,  unless  and  until  such  county experiences six
    18  consecutive months of population decline.
    19    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05934-01-9