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NY S07486
Bill
Status
Passed
11/21/2025
Primary Sponsor
Shelley Mayer
Click for details
AI Summary
- Expands eligibility for financial aid funded by SUNY Purchase land lease proceeds to include New York state resident students who qualify for federal Pell grants
- Maintains existing eligibility for students receiving tuition assistance awards under Education Law sections 667 or 667-a
- Continues allocation formula of 75% of lease proceeds to student financial aid and 25% to support full-time faculty positions
- Amends Chapter 405 of the Laws of 2011, as previously modified in 2023, governing the lease of SUNY Purchase lands
Legislative Description
Qualifies the permitted use of proceeds from the lease of lands located at the state university of New York at Purchase shall go to New York state resident students who are eligible to receive a federal Pell grant.
Last Action
SIGNED CHAP.554
11/21/2025
Committee Referrals
Higher Education6/5/2025
Higher Education4/17/2025
Full Bill Text
No bill text available