Senate Bill S1732

2025-2026 Legislative Session

Relates to increasing the phase-out threshold for tuition assistance program awards

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Higher Education 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

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2025-S1732 (ACTIVE) - Details

Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Amd §667, Ed L

2025-S1732 (ACTIVE) - Summary

Relates to increasing the phase-out threshold for tuition assistance program awards from seven thousand dollars to eighteen thousand dollars.

2025-S1732 (ACTIVE) - Sponsor Memo

2025-S1732 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1732
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 13, 2025
                                ___________
 
 Introduced  by  Sen.  FAHY  --  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 increasing the  phase-
   out threshold for tuition assistance program awards
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subparagraph (ii)  of  paragraph  a  of  subdivision  3  of
 section  667  of the education law, as amended by section 1 of part X of
 chapter 56 of the laws of 2024, is amended to read as follows:
   (ii) Except for students as noted in subparagraph (iii) of this  para-
 graph, the base amount as determined from subparagraph (i) of this para-
 graph, shall be reduced in relation to income as follows:
 
 Amount of income                    Schedule of reduction
                                     of base amount
 
 (A) Less than [seven] EIGHTEEN      None
      thousand dollars
 (B) [Seven thousand dollars or      Seven per centum of excess
     more, but less than eleven      over seven thousand dollars
     thousand dollars
 (C) Eleven thousand dollars or      Two hundred eighty dollars
     more, but less than eighteen    plus ten per centum of excess
     thousand dollars                over eleven thousand dollars
 (D)] Eighteen thousand dollars or   Nine hundred eighty dollars
     more, but not more than one     plus twelve per centum of
     hundred twenty-five             excess over eighteen
     thousand dollars                thousand dollars
 
   § 2. This act shall take effect on the one hundred eightieth day after
 it shall have become a law.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD04787-01-5

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