Senate Bill S1221A

2015-2016 Legislative Session

Enacts the empire engineers initiative act

download bill text pdf

Sponsored By

Archive: Last 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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Bill Amendments

2015-S1221 - Details

Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Add §679-h, Ed L
Versions Introduced in Other Legislative Sessions:
2013-2014: S5660
2017-2018: S1657

2015-S1221 - Summary

Enacts the empire engineers initiative act; provides partial student loan repayment for students who are employed as engineers in the state of New York for five years following their graduation.

2015-S1221 - Sponsor Memo

2015-S1221 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1221

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             January 9, 2015
                               ___________

Introduced  by Sen. CARLUCCI -- 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  empire  engineers
  initiative act

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. This act shall be known and may be  cited  as  "the  empire
engineers initiative act".
  S  2.  The  education  law is amended by adding a new section 679-g to
read as follows:
  S 679-G.  NEW  YORK  STATE  ENGINEERS  LOAN  FORGIVENESS  PROGRAM.  1.
PURPOSE.  THE  PRESIDENT SHALL GRANT STUDENT LOAN FORGIVENESS AWARDS FOR
THE PURPOSE OF INCREASING THE NUMBER OF ENGINEERS SERVING  IN  NEW  YORK
CITY AND THE REST OF THE STATE.
  2.  ELIGIBILITY. TO BE ELIGIBLE FOR AN AWARD PURSUANT TO THIS SECTION,
APPLICANTS SHALL (A) HAVE RECEIVED  A  DEGREE  IN  ENGINEERING  FROM  AN
ACCREDITED COLLEGE OR UNIVERSITY; (B) COMPLY WITH SUBDIVISIONS THREE AND
FIVE  OF  SECTION  SIX  HUNDRED  SIXTY-ONE  OF  THIS  PART;  (C) HAVE AN
OUTSTANDING STUDENT LOAN DEBT; AND (D) ENTER INTO A  CONTRACT  WITH  THE
CORPORATION TO PERFORM ENGINEERING SERVICES WITHIN THE STATE.
  3.  AWARDS.  THE  CORPORATION SHALL GRANT AWARDS IN AN AMOUNT EQUAL TO
FIFTY PERCENT OF THE TOTAL TUITION CHARGED TO THE STUDENT BY ALL SCHOOLS
OR FIFTY PERCENT OF THE  TOTAL  TUITION  CHARGED  TO  A  STATE  RESIDENT
STUDENT  ATTENDING AN ENGINEERING PROGRAM AT THE STATE UNIVERSITY OF NEW
YORK, WHICHEVER IS LESS PRIOR TO THE APPLICATION  OF  ANY  SCHOLARSHIPS,
GRANTS,  OR  OTHER  FINANCIAL AWARDS. AWARDS SHALL BE WITHIN THE AMOUNTS
APPROPRIATED FOR SUCH PURPOSE AND BASED ON AVAILABILITY OF FUNDS.
  4. CONVERSION. 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)  AT
ANY POINT IN THE FIVE YEAR PERIOD AFTER RECEIPT OF SUCH AWARD THE RECIP-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01735-01-5
              

2015-S1221A (ACTIVE) - Details

Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Add §679-h, Ed L
Versions Introduced in Other Legislative Sessions:
2013-2014: S5660
2017-2018: S1657

2015-S1221A (ACTIVE) - Summary

Enacts the empire engineers initiative act; provides partial student loan repayment for students who are employed as engineers in the state of New York for five years following their graduation.

2015-S1221A (ACTIVE) - Sponsor Memo

2015-S1221A (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 1221--A

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             January 9, 2015
                               ___________

Introduced  by Sen. CARLUCCI -- read twice and ordered printed, and when
  printed to be committed to the Committee on Higher Education -- recom-
  mitted to the Committee on Higher Education in accordance with  Senate
  Rule  6,  sec.  8  --  committee  discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the education law, in relation to the  empire  engineers
  initiative act

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. This act shall be known and may be  cited  as  "the  empire
engineers initiative act".
  S  2.  The  education  law is amended by adding a new section 679-h to
read as follows:
  S 679-H.  NEW  YORK  STATE  ENGINEERS  LOAN  FORGIVENESS  PROGRAM.  1.
PURPOSE.  THE  PRESIDENT SHALL GRANT STUDENT LOAN FORGIVENESS AWARDS FOR
THE PURPOSE OF INCREASING THE NUMBER OF ENGINEERS SERVING  IN  NEW  YORK
CITY AND THE REST OF THE STATE.
  2.  ELIGIBILITY. TO BE ELIGIBLE FOR AN AWARD PURSUANT TO THIS SECTION,
APPLICANTS SHALL (A) HAVE RECEIVED  A  DEGREE  IN  ENGINEERING  FROM  AN
ACCREDITED COLLEGE OR UNIVERSITY; (B) COMPLY WITH SUBDIVISIONS THREE AND
FIVE  OF  SECTION  SIX  HUNDRED  SIXTY-ONE  OF  THIS  PART;  (C) HAVE AN
OUTSTANDING STUDENT LOAN DEBT; AND (D) ENTER INTO A  CONTRACT  WITH  THE
CORPORATION TO PERFORM ENGINEERING SERVICES WITHIN THE STATE.
  3.  AWARDS.  THE  CORPORATION SHALL GRANT AWARDS IN AN AMOUNT EQUAL TO
FIFTY PERCENT OF THE TOTAL TUITION CHARGED TO THE STUDENT BY ALL SCHOOLS
OR FIFTY PERCENT OF THE  TOTAL  TUITION  CHARGED  TO  A  STATE  RESIDENT
STUDENT  ATTENDING AN ENGINEERING PROGRAM AT THE STATE UNIVERSITY OF NEW
YORK, WHICHEVER IS LESS PRIOR TO THE APPLICATION  OF  ANY  SCHOLARSHIPS,
GRANTS,  OR  OTHER  FINANCIAL AWARDS. AWARDS SHALL BE WITHIN THE AMOUNTS
APPROPRIATED FOR SUCH PURPOSE AND BASED ON AVAILABILITY OF FUNDS.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01735-02-6

              

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