STATE OF NEW YORK
________________________________________________________________________
3174
2019-2020 Regular Sessions
IN SENATE
February 4, 2019
___________
Introduced by Sen. LANZA -- 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 conforming the New
York state college choice tuition savings program to federal law
relating to qualified tuition programs
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 695-b of the education law, as
2 amended by chapter 535 of the laws of 2000, is amended to read as
3 follows:
4 5. "Eligible educational institution" shall mean [any institution of
5 higher education defined as] an eligible educational institution as
6 defined in section 529(e)(5) of the Internal Revenue Code of 1986, as
7 amended.
8 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09192-01-9