Bill Text: NY S05717 | 2023-2024 | General Assembly | Introduced
Bill Title: Increases the income eligibility threshold for the tuition assistance program to $110,000 or the regional median income, whichever is greater; provides regional median income shall be determined by economic development region.
Spectrum: Partisan Bill (Republican 6-0)
Status: (Introduced) 2024-01-03 - REFERRED TO HIGHER EDUCATION [S05717 Detail]
Download: New_York-2023-S05717-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 5717 2023-2024 Regular Sessions IN SENATE March 15, 2023 ___________ Introduced by Sen. MURRAY -- 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 increasing the income eligibility threshold for the tuition assistance program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (ii) of paragraph a of subdivision 3 of 2 section 667 of the education law, as amended by section 1 of part B of 3 chapter 60 of the laws of 2000, is amended to read as follows: 4 (ii) (A) Except for students as noted in subparagraph (iii) of this 5 paragraph, the base amount as determined from subparagraph (i) of this 6 paragraph, shall be reduced in relation to income as follows: 7 Amount of income Schedule of reduction 8 of base amount 9 [(A)] (1) Less than seven thousand None 10 dollars 11 [(B)] (2) Seven thousand dollars Seven per centum of excess 12 or more, but less than eleven over seven thousand dollars 13 thousand dollars 14 [(C)] (3) Eleven thousand dollars Two hundred eighty dollars 15 or more, but less than eighteen plus ten per centum of excess 16 thousand dollars over eleven thousand dollars 17 [(D)] (4) Eighteen thousand dollars Nine hundred eighty dollar 18 or more, but not more than plus twelve per centum of 19 [eighty] one hundred ten excess over eighteen 20 thousand dollars or, the thousand dollars 21 the regional median income, 22 whichever is greater EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10105-01-3S. 5717 2 1 (B) (1) For the purposes of this subparagraph, regional median income 2 shall mean the median household income of an economic development 3 region. To determine such regional median income, the median household 4 income of each county within an economic development region shall be 5 averaged. Such median household income data shall be based on the U.S. 6 Census Data reports of median income data as based on the five most 7 recent years of median incomes as reported to the U.S. Census Bureau by 8 each county. 9 (2) For the purposes of this subparagraph, economic development region 10 shall include the same areas as described in subdivision (j) of section 11 4211.2 of title twenty-one of the New York codes, rules and regulations. 12 § 2. This act shall take effect on the first of June next succeeding 13 the date on which it shall have become a law.