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NY A05171

Bill

Official Source

Status

Introduced

3/3/2023

Primary Sponsor

Michael Tannousis

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Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends Education Law Section 667 to modify tuition assistance program (TAP) award calculations for students from higher-income households
  • Raises the household income threshold from $80,000 to $100,000 for the highest TAP award bracket
  • Changes the award calculation from a fixed amount to $980 plus 12% of income exceeding $18,000 for households earning $100,000 or more
  • Takes effect immediately upon enactment

Legislative Description

Increases the household threshold income cap on tuition assistance from $80,000 to $100,000.

Last Action

referred to higher education

1/3/2024

Committee Referrals

Higher Education3/3/2023

Full Bill Text

No bill text available