Assembly Bill A9203

2023-2024 Legislative Session

Conforms the New York state college choice tuition savings program to the federal qualified tuition program

download bill text pdf

Sponsored By

Current 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2023-A9203 (ACTIVE) - Details

See Senate Version of this Bill:
S6000
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §695-b, Ed L
Versions Introduced in Other Legislative Sessions:
2017-2018: S7782
2019-2020: S3174
2021-2022: S6097

2023-A9203 (ACTIVE) - Summary

Conforms the New York state college choice tuition savings program to the federal qualified tuition program so as to include savings for grades kindergarten through 12.

2023-A9203 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9203
 
                           I N  A S S E M B L Y
 
                             February 16, 2024
                                ___________
 
 Introduced by M. of A. REILLY -- read once and referred to the Committee
   on Higher Education
 
 AN  ACT  to  amend  the education law, in relation to conforming the New
   York state college choice  tuition  savings  program  to  federal  law
   relating to qualified tuition programs
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 5 of section 695-b of  the  education  law,  as
 amended  by  section  1  of part H of chapter 56 of the laws of 2022, is
 amended to read as follows:
   5. "Eligible educational institution" shall mean (a) [any  institution
 of  higher  education defined as] an eligible educational institution AS
 DEFINED in section 529(e)(5) of the Internal Revenue Code  of  1986,  as
 amended,   or  (b)  any  apprenticeship  program  described  in  section
 529(c)(8) of the Internal Revenue Code of 1986, as amended.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09769-01-3

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.