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NY A07967

Bill

Official Source

Status

Introduced

8/18/2023

Primary Sponsor

Brian Cunningham

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends Education Law Section 667 to increase the maximum income threshold for tuition assistance program eligibility from eighty thousand dollars to one hundred fifty thousand dollars
  • Maintains existing income reduction schedules for assistance amounts at lower income brackets (less than $7,000; $7,000-$11,000; $11,000-$18,000)
  • Increases the reduction formula for the highest income bracket to 12 percent of income exceeding eighteen thousand dollars for students earning between eighteen thousand and one hundred fifty thousand dollars
  • Takes effect on July 1, 2024

Legislative Description

Increases the income eligibility threshold for the tuition assistance program up to one hundred fifty thousand dollars.

Last Action

referred to higher education

1/3/2024

Committee Referrals

Higher Education8/18/2023

Full Bill Text

No bill text available