Bill Text: NY A07238 | 2019-2020 | General Assembly | Introduced


Bill Title: Requires corporations to include causes for change when an applicant for tuition assistance has an adjustment to income.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to higher education [A07238 Detail]

Download: New_York-2019-A07238-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          7238
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                     April 18, 2019
                                       ___________
        Introduced  by  M.  of  A.  ZEBROWSKI  --  read once and referred to the
          Committee on Higher Education
        AN ACT to amend the education law, in relation to reflecting a change in
          circumstance when making adjustments to income
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Subdivision  5  of  section  663 of the education law, as
     2  amended by section 3 of part J of chapter 58 of the  laws  of  2011,  is
     3  amended to read as follows:
     4    5.  Adjustments  of  income.  a.  In  the  determination of income for
     5  purposes of paragraphs a and b  of  subdivision  three  of  section  six
     6  hundred  sixty-seven  of this part if, during the academic year in which
     7  the applicant will receive an award, one of either the  parents  of  the
     8  applicant  or  other  dependent child of such parents, the spouse of the
     9  applicant, or one or more dependent children of the applicant, in  addi-
    10  tion  to  the  applicant, will be in full-time attendance in an approved
    11  program, the combined net taxable income  determined  under  subdivision
    12  one  of  this  section shall be reduced by three thousand dollars and an
    13  additional two thousand dollars for each other such person additional to
    14  the aforesaid persons (including the applicant)  who  will  be  in  such
    15  attendance,  and  the  resulting  amount  shall be deemed the applicable
    16  income in determining the applicant's award for the academic year.
    17    b. When making adjustments to income to reflect a  change  in  circum-
    18  stance,  the  corporation  shall,  pursuant  to  rules  and regulations,
    19  include the following causes for change in status of the applicant:  (1)
    20  loss  of  employment  of  the  applicant or parent of the applicant; (2)
    21  catastrophic illness of the applicant;  or  (3)  the  applicant  or  the
    22  spouse of the applicant is called to active military duty.
    23    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10965-01-9
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