Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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Jan 08, 2020 |
referred to higher education |
Jun 03, 2019 |
referred to higher education |
Assembly Bill A8101
2019-2020 Legislative Session
Sponsored By
LUPARDO
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Clifford Crouch
Didi Barrett
Colin Schmitt
2019-A8101 (ACTIVE) - Details
2019-A8101 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8101 2019-2020 Regular Sessions I N A S S E M B L Y June 3, 2019 ___________ Introduced by M. of A. LUPARDO -- read once and referred to the Commit- tee on Higher Education AN ACT to amend the education law, in relation to eligibility and awards for the New York state young farmers loan forgiveness incentive program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 679-f of the education law, as added by section 1 of part Y of chapter 56 of the laws of 2014, is amended to read as follows: § 679-f. New York state young farmers loan forgiveness incentive program. 1. Purpose. The president shall grant student loan forgiveness awards for the purpose of alleviating the burden of student loan debt for young farmers. Such awards shall be made on a competitive basis, in accordance with rules and regulations promulgated by the corporation for such purposes, to applicants who meet the eligibility criteria. Such rules and regulations shall include provisions for the consideration of applicants who are economically disadvantaged. 2. Eligibility. To be eligible for an award pursuant to this section, applicants shall: (a) have graduated and obtained a degree from an approved New York state college or university; (b) have an outstanding student loan debt from obtaining such degree; (c) operate a farm in New York state on a full-time basis; (d) agree to operate such farm for the duration of no less than five years; (e) [apply for this program within two years of college graduation] HAVE PRODUCED AN "AGRICULTURAL PRODUCT" AS DEFINED BY SECTION THREE HUNDRED TWENTY-EIGHT OF THE AGRICULTURE AND MARKETS LAW, FOR NO MORE THAN TEN CONSECUTIVE YEARS; and (f) comply with subdivisions three and five of section six hundred sixty-one of this part. 3. Awards. No greater than ten awards shall be granted to qualified applicants in the amount of up to ten thousand dollars per year, per EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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