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History
- Committee discharged and committed to investigations and government operations
- Referred to social services
Full text
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Sponsor's memo
BILL NUMBER:S6217
Title of bill
An act to amend the tax law, in relation to providing personal income taxpayers with a modification reducing federal adjusted gross income for tuition paid at any institution of higher education
Summary
Subsection (c) of section 612 of the tax law is amended to allow for up to three thousand dollars of the amount paid for tuition at any institution of higher education within New York State provided that the expense is for the taxpayer or for the taxpayer or for a dependent of the taxpayer.
Justification
It is well known that the key to the future of our state lies in the education of our young men and women. While it has always been the mission of our institutions of higher education to assist in the undergraduate population, recent budgetary cutbacks have severely curtailed the educational opportunity for many. Every year tuition rises and every the Legislature must make the difficult decision of whether or not to cut the Tuition Assistance Program. This comes in a time when our student population needs to be better educated, better trained and better prepared for the workforce.
No longer can we, as state officials, expect to have a future tax base when the educational tools are no longer available to our students. In order to remedy this continual budgetary onslaught on institutions of higher education, we must provide a monetary "rebate" to ensure that our student population has the best chance to receive a quality education and to become better equipped to contribute to the continual rebirth of the Empire State.
In order to achieve this goal, I have proposed to offer a tax deduction of up to three thousand dollars of the amount paid for tuition at any institution of higher education within New York State, provided that the expense is for the taxpayer with income less than one hundred thousand dollars. This tax· credit will assist those families most in need.
Legislative history
2009-10: S.1316 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS 2008-09: S.1438 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS 2005-06: S.2106 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS 2003-04: S.2711 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS 2001-02: S.938 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS 2000-01: S.6535 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Fiscal implications
To be determined.
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.