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NY A09203
Bill
Status
2/16/2024
Primary Sponsor
Michael Reilly
Click for details
AI Summary
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Amends the definition of "eligible educational institution" under the New York state college choice tuition savings program to align with federal law.
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Replaces the previous definition with reference to section 529(e)(5) of the Internal Revenue Code of 1986, conforming state law to federal qualified tuition program standards.
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Adds apprenticeship programs described in section 529(c)(8) of the Internal Revenue Code as eligible uses for program savings.
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Takes effect immediately upon enactment.
Legislative Description
Conforms the New York state college choice tuition savings program to the federal qualified tuition program so as to include savings for grades kindergarten through 12.
Last Action
referred to higher education
2/16/2024