Eliminates the use of income from pensions of New York state, local governments and the federal government from the calculation of income for the purposes of financial aid.
Sponsor: MAZIARZ / Committee: HIGHER EDUCATION
Law Section: Education Law / Law: Amd S663, Ed L
Sponsor: MAZIARZ / Committee: HIGHER EDUCATION
Law Section: Education Law / Law: Amd S663, Ed L
S184-2011 Actions
- Jan 4, 2012: REFERRED TO HIGHER EDUCATION
- Jan 5, 2011: REFERRED TO HIGHER EDUCATION
S184-2011 Memo
BILL NUMBER:S184 TITLE OF BILL: An act to amend the education law, in relation to eliminating the use of certain pensions in the determination of the amount of student financial aid PURPOSE: To eliminate the use of income from pensions of New York state, local governments and the federal government from the calculation of income for the purposes of financial aid. SUMMARY OF PROVISIONS: Section 1 eliminates income from pension of New York state, local governments and the federal government from the equation when determining TAP awards. JUSTIFICATION: Children of public service employees who have retired should not be penalized when determining TAP award criteria when children from other pensions plans are not. BILL HISTORY: S.6155/A.9890 of 2009-2010; Referred to Higher Education FISCAL IMPLICATIONS: There will be more TAP money allocated to children of public service retirees. EFFECTIVE DATE: This act shall take effect immediately.
S184-2011 Text
S T A T E O F N E W Y O R K
184 2011-2012 Regular Sessions I N SENATE (PREFILED)
January 5, 2011
Introduced by Sen. MAZIARZ -- 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 eliminating the use of certain pensions in the determination of the amount of student finan cial aid
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 1 of section 663 of the education law, as amended by section 1 of part F of chapter 57 of the laws of 2009, is amended to read as follows:
1. Income defined. Except as otherwise provided in this section, "income" shall be the total of the combined net taxable income [andincome from pensions of New York state, local governments and the feder-al government] of the applicant, the applicant's spouse, and the appli cant's parents as reported in New York state income tax returns for the calendar year next preceding the beginning of the school year for which application for assistance is made, except that any amount received by an applicant as a scholarship at an educational institution or as a fellowship grant, including the value of contributed services and accom modations, shall not be included within the definition of "income" for the purposes of this article. The term "parent" shall include birth parents, stepparents, adoptive parents and the spouse of an adoptive parent. Income, if not a whole dollar amount, shall be assumed to be equal to the next lowest whole dollar amount. Any change in the status of an applicant with regard to the persons responsible for the appli cant's support occurring after the beginning of any semester shall not be considered to change the applicant's award for that semester.
S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01179-01-1

*By contributing or voting you agree to the Terms of Participation and Privacy Policy and verify you are over 13.
Discuss!
blog comments powered by Disqus