KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to New York

A11384 • 2025

Relates to the transfer of funds from the tuition reimbursement account

Relates to the transfer of funds from the tuition reimbursement account

Education
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Alicia Hyndman
Last action
2026-05-19
Official status
In Assembly Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relates to the transfer of funds from the tuition reimbursement account

Relates to the transfer of funds from the tuition reimbursement account Authorizes the transfer of funds from the tuition reimbursement account to the proprietary vocational school supervision account in the event that the net balance of the tuition reimbursement account is in excess of two million five hundred thousand dollars.

What This Bill Does

  • Relates to the transfer of funds from the tuition reimbursement account Authorizes the transfer of funds from the tuition reimbursement account to the proprietary vocational school supervision account in the event that the net balance of the tuition reimbursement account is in excess of two million five hundred thousand dollars.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-19 Assembly

    REPORTED REFERRED TO WAYS AND MEANS

  2. 2026-05-15 Assembly

    REFERRED TO HIGHER EDUCATION

Official Summary Text

Relates to the transfer of funds from the tuition reimbursement account
Authorizes the transfer of funds from the tuition reimbursement account to the proprietary vocational school supervision account in the event that the net balance of the tuition reimbursement account is in excess of two million five hundred thousand dollars.

Current Bill Text

Read the full stored bill text 
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          11384

                                  I N  A S S E M B L Y

                                      May 15, 2026
                                       ___________

        Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Hyndman) --
          read once and referred to the Committee on Higher Education

        AN ACT to amend the education law, in relation to the transfer of  funds
          from the tuition reimbursement account

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

     1    Section 1. Subdivision 10 of section 5007  of  the  education  law  is
     2  amended by adding a new paragraph i to read as follows:
     3    I.  IN  THE  EVENT  THAT  THE NET BALANCE OF THE TUITION REIMBURSEMENT
     4  ACCOUNT IS IN EXCESS OF TWO MILLION FIVE HUNDRED  THOUSAND  DOLLARS,  AS
     5  DEFINED  IN  PARAGRAPH  A OF THIS SUBDIVISION, A MAXIMUM OF FIVE HUNDRED
     6  THOUSAND DOLLARS MAY BE TRANSFERRED DIRECTLY TO  THE  PROPRIETARY  VOCA-
     7  TIONAL  SCHOOL  SUPERVISION  ACCOUNT  WITHIN  A  STATE  FISCAL YEAR UPON
     8  REQUEST BY THE COMMISSIONER.
     9    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15150-01-6