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NY A00991
Bill
Status
1/8/2025
Primary Sponsor
Sarah Clark
Click for details
AI Summary
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Establishes a SUNY financial career pilot program through the Board of Trustees to educate college students about career opportunities in the financial planning industry
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Requires the program to partner with campus multicultural centers, career counseling centers, and other campus resources to ensure diverse student involvement
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Program components include paid internships at approved financial institutions, career counseling, preparation for the Securities Industry Essentials exam, and a minimum 2.8 GPA requirement
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Financial institutions must complete an application, attend virtual orientation, pay student employees at a board-determined wage, maintain approved student-to-mentor ratios, and submit mid-semester and final performance reviews
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Board of Trustees must report to the legislature on program effectiveness within one year and annually on January 1st thereafter; the program expires and is repealed after three years
Legislative Description
Establishes a state university of New York career pilot program to encourage individuals in college to enter the financial planning industry; utilizes campus resources to encourage a well-rounded program and diverse student involvement.
Last Action
referred to higher education
1/7/2026