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Who cares
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Sponsors
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History
- Referred to higher education
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
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
In Assembly Committee · Higher Education · Sponsor Francine DelMonte
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
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
New Bill.
Fiscal implications
There will be more TAP money allocated to children of public service retirees.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.