Bill Text: NY S02466 | 2017-2018 | General Assembly | Amended

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Bill Title: Relates to the New York state science, technology, engineering and mathematics incentive program.

Spectrum: Partisan Bill (Republican 11-0)

Status: (Introduced - Dead) 2017-06-15 - SUBSTITUTED BY A1808A [S02466 Detail]

Download: New_York-2017-S02466-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         2466--A
            Cal. No. 884
                               2017-2018 Regular Sessions
                    IN SENATE
                                    January 13, 2017
                                       ___________
        Introduced  by Sens. LAVALLE, CROCI, DeFRANCISCO, FUNKE, GALLIVAN, HELM-
          ING, MURPHY, ORTT, RANZENHOFER,  SEWARD  --  read  twice  and  ordered
          printed,  and  when printed to be committed to the Committee on Higher
          Education -- reported favorably from said committee and  committed  to
          the  Committee  on  Finance -- reported favorably from said committee,
          ordered to first and  second  report,  ordered  to  a  third  reading,
          amended  and  ordered  reprinted,  retaining its place in the order of
          third reading
        AN ACT to amend the education law, in relation to  the  New  York  state
          science, technology, engineering and mathematics incentive program
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subdivision 1 of section 669-e of  the  education  law,  as
     2  added  by  section  1  of  part  G of chapter 56 of the laws of 2014, is
     3  amended to read as follows:
     4    1. Undergraduate students who are matriculated in an  approved  under-
     5  graduate program leading to a career in science, technology, engineering
     6  or  mathematics at a New York state [public institution of higher educa-
     7  tion] college as defined in subdivision two of section six  hundred  one
     8  of  this  title  shall  be  eligible  for  an  award under this section,
     9  provided the applicant: (a) graduates from a high school located in  New
    10  York  state  during  or after the two thousand thirteen--fourteen school
    11  year; and (b) graduates within the top ten percent of his  or  her  high
    12  school  class; and (c) enrolls in full-time study each term beginning in
    13  the fall term after his or her high school  graduation  in  an  approved
    14  undergraduate  program  in science, technology, engineering or mathemat-
    15  ics, as defined by the corporation, at a New York state [public institu-
    16  tion of higher education] college  as  defined  in  subdivision  two  of
    17  section six hundred one of this title; and (d) signs a contract with the
    18  corporation  agreeing  that  his  or  her  award  will be converted to a
    19  student loan in the event the student fails to comply with the terms  of
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00938-02-7
        S. 2466--A                          2
     1  this  program  as set forth in subdivision four of this section; and (e)
     2  complies with the applicable provisions of this article and all require-
     3  ments promulgated by the  corporation  for  the  administration  of  the
     4  program.
     5    § 2. This act shall take effect immediately.