Assembly Bill A7373

Vetoed By Governor
2019-2020 Legislative Session

Relates to requirements for the NYS science, technology, engineering and mathematics incentive program

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S5773 - Vetoed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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2019-A7373 (ACTIVE) - Details

See Senate Version of this Bill:
S5773
Law Section:
Education Law
Laws Affected:
Amd §669-e, Ed L

2019-A7373 (ACTIVE) - Summary

Relates to requirements for the NYS science, technology, engineering and mathematics incentive program.

2019-A7373 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7373
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              April 29, 2019
                                ___________
 
 Introduced  by M. of A. GLICK -- read once and referred to the Committee
   on Higher Education
 
 AN ACT to amend the education law, in relation to requirements  for  the
   New York state science, technology, engineering and mathematics incen-
   tive program
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 4 of section 669-e of  the  education  law,  as
 amended  by  section  1 of part BB of chapter 56 of the laws of 2018, is
 amended to read as follows:
   4. 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) a  recipient  fails
 to  complete  an  approved undergraduate program in science, technology,
 engineering or mathematics or changes majors to a program of undergradu-
 ate study other than in science, technology, engineering or mathematics;
 or (b) upon completion of such undergraduate degree program a  recipient
 fails  to  either  (i)  complete  five  years  of continuous [full time]
 employment [in  the  science,  technology,  engineering  or  mathematics
 field] with a public or private entity located within New York state, or
 (ii) maintain residency in New York state for such period of employment;
 or  (c)  a recipient fails to respond to requests by the corporation for
 the status of his or her academic or professional  progress.  The  terms
 and conditions of this subdivision shall be deferred for individuals who
 graduate  with a degree in an approved undergraduate program in science,
 technology, engineering or mathematics and enroll on at  least  a  half-
 time  basis in a graduate or higher degree program or other professional
 licensure degree program until they are conferred a  degree,  and  shall
 also  be deferred for any interruption in undergraduate study or employ-
 ment as established by the rules and regulations of the corporation. The
 terms and conditions of this subdivision may  also  be  deferred  for  a
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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