Bill Text: NY S06062 | 2021-2022 | General Assembly | Introduced

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Bill Title: Increases the minimum tuition assistance program award; increases the maximum parental income amount.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2022-01-05 - REFERRED TO HIGHER EDUCATION [S06062 Detail]

Download: New_York-2021-S06062-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          6062

                               2021-2022 Regular Sessions

                    IN SENATE

                                      April 1, 2021
                                       ___________

        Introduced  by  Sen. PALUMBO -- 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  tuition  assistance
          program awards

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subparagraphs (ii) and (vi) of paragraph a of subdivision 3
     2  of section 667 of the education law, as amended by section 1 of  part  B
     3  of chapter 60 of the laws of 2000, are amended to read as follows:
     4    (ii)  Except for students as noted in subparagraph (iii) of this para-
     5  graph, the base amount as determined from subparagraph (i) of this para-
     6  graph, shall be reduced in relation to income as follows:

     7  Amount of income                    Schedule of reduction
     8                                      of base amount

     9  (A) Less than seven thousand        None
    10      dollars
    11  (B) Seven thousand dollars or       Seven per centum of excess
    12      more, but less than eleven      over seven thousand dollars
    13      thousand dollars
    14  (C) Eleven thousand dollars or      Two hundred eighty dollars
    15      more, but less than eighteen    plus ten per centum of excess
    16      thousand dollars                over eleven thousand dollars
    17  (D) Eighteen thousand dollars or    Nine hundred eighty dollars
    18      more, but not more than         plus twelve per centum of
    19      [eighty] one hundred ten        excess over eighteen
    20      thousand dollars                thousand dollars

    21    (vi) For the two thousand two--two thousand three  academic  year  and
    22  thereafter,  the award shall be the net amount of the base amount deter-

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10769-01-1
        S. 6062                             2

     1  mined pursuant to subparagraph (i) of this paragraph reduced pursuant to
     2  subparagraph (ii) or (iii) of this paragraph but the award shall not  be
     3  reduced below [five hundred] one thousand dollars.
     4    § 2. This act shall take effect immediately.