Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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---|---|
Jan 03, 2018 |
referred to higher education |
May 30, 2017 |
referred to higher education |
Senate Bill S6510
2017-2018 Legislative Session
Sponsored By
(R) 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-S6510 (ACTIVE) - Details
2017-S6510 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6510 TITLE OF BILL : An act to amend the education law, in relation to the transfer of certain funds from the licensed private career schools tuition reimbursement account to the proprietary vocational school supervision account PURPOSE : To allow the State Education Department to transfer funds from the tuition reimbursement account to the proprietary vocational school supervision account when the balance of the tuition reimbursement account exceeds $2.5 million. SUMMARY OF PROVISIONS : Section 1. Adds a new paragraph i to subdivision 10 of section 5007 of the education law to allow the State Education Department to transfer funds from the tuition reimbursement account to the proprietary vocational school supervision upon request by the Commissioner when the balance of the tuition reimbursement account exceeds $2.5 million. JUSTIFICATION :
2017-S6510 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6510 2017-2018 Regular Sessions I N S E N A T E May 30, 2017 ___________ Introduced by Sen. LAVALLE -- 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 transfer of certain funds from the licensed private career schools tuition reimbursement account to the proprietary vocational school supervision account THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 10 of section 5007 of the education law is amended by adding a new paragraph i to read as follows: I. IN THE EVENT THAT THE NET BALANCE OF THE TUITION REIMBURSEMENT ACCOUNT IS IN EXCESS OF TWO MILLION FIVE HUNDRED THOUSAND DOLLARS, AS DEFINED IN PARAGRAPH A OF THIS SUBDIVISION, ANY AMOUNT OVER TWO MILLION FIVE HUNDRED THOUSAND DOLLARS SHALL BE TRANSFERRED DIRECTLY TO THE PROPRIETARY VOCATIONAL SCHOOL SUPERVISION ACCOUNT UPON REQUEST BY THE COMMISSIONER. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11773-02-7
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