Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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---|---|
Jan 03, 2018 |
referred to higher education |
Jan 10, 2017 |
referred to higher education |
Senate Bill S1657
2017-2018 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Higher Education Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
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- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2017-S1657 (ACTIVE) - Details
2017-S1657 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1657 TITLE OF BILL : An act to amend the education law, in relation to the empire engineers initiative act PURPOSE : To create an incentive program to increase the number of engineers serving in New York City and the rest of the state. SUMMARY OF PROVISIONS : Section I. Provides that this act shall be known and may be cited as "the Empire Engineers Initiative Act." Section 2. Adds a new section 679-h to the education law to establish the New York State engineers loan forgiveness program for the purpose of increasing the number of engineers serving in New York City and the rest of the state. The program would provide for loan repayment assistance to individuals attending SUNY/CUNY who major in Science, Technology, Engineering and Mathematics (STEM) fields and promise to work in a qualifying engineering capacity in New York for at least five years after graduation or New Yorkers who go out of state for school, major in STEM fields, carry significant student loan debt and then return to New York after graduation to work in a qualifying engineering field for at least five years.
2017-S1657 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1657 2017-2018 Regular Sessions I N S E N A T E January 10, 2017 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Higher Education AN ACT to amend the education law, in relation to the empire engineers initiative act THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as "the empire engineers initiative act". § 2. The education law is amended by adding a new section 679-h to read as follows: § 679-H. NEW YORK STATE ENGINEERS LOAN FORGIVENESS PROGRAM. 1. PURPOSE. THE PRESIDENT SHALL GRANT STUDENT LOAN FORGIVENESS AWARDS FOR THE PURPOSE OF INCREASING THE NUMBER OF ENGINEERS SERVING IN NEW YORK CITY AND THE REST OF THE STATE. 2. ELIGIBILITY. TO BE ELIGIBLE FOR AN AWARD PURSUANT TO THIS SECTION, APPLICANTS SHALL (A) HAVE RECEIVED A DEGREE IN ENGINEERING FROM AN ACCREDITED COLLEGE OR UNIVERSITY; (B) COMPLY WITH SUBDIVISIONS THREE AND FIVE OF SECTION SIX HUNDRED SIXTY-ONE OF THIS PART; (C) HAVE AN OUTSTANDING STUDENT LOAN DEBT; AND (D) ENTER INTO A CONTRACT WITH THE CORPORATION TO PERFORM ENGINEERING SERVICES WITHIN THE STATE. 3. AWARDS. THE CORPORATION SHALL GRANT AWARDS IN AN AMOUNT EQUAL TO FIFTY PERCENT OF THE TOTAL TUITION CHARGED TO THE STUDENT BY ALL SCHOOLS OR FIFTY PERCENT OF THE TOTAL TUITION CHARGED TO A STATE RESIDENT STUDENT ATTENDING AN ENGINEERING PROGRAM AT THE STATE UNIVERSITY OF NEW YORK, WHICHEVER IS LESS PRIOR TO THE APPLICATION OF ANY SCHOLARSHIPS, GRANTS, OR OTHER FINANCIAL AWARDS. AWARDS SHALL BE WITHIN THE AMOUNTS APPROPRIATED FOR SUCH PURPOSE AND BASED ON AVAILABILITY OF FUNDS. 4. CONVERSION. THE CORPORATION SHALL CONVERT TO A STUDENT LOAN THE FULL AMOUNT OF THE AWARD GIVEN PURSUANT TO THIS SECTION, PLUS INTEREST, ACCORDING TO A SCHEDULE TO BE DETERMINED BY THE CORPORATION IF: (A) AT ANY POINT IN THE FIVE YEAR PERIOD AFTER RECEIPT OF SUCH AWARD THE RECIP- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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