S9682 • 2025

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: John Liu
Last action: 2026-06-04
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

2026-06-04 Senate
COMMITTEE DISCHARGED AND COMMITTED TO RULES
2026-06-04 Senate
ORDERED TO THIRD READING CAL.1751
2026-06-04 Senate
PASSED SENATE
2026-06-04 Senate
DELIVERED TO ASSEMBLY
2026-06-04 Assembly
REFERRED TO WAYS AND MEANS
2026-04-21 Senate
REPORTED AND COMMITTED TO FINANCE
2026-04-01 Senate
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
        ________________________________________________________________________

                                          9682

                                    I N  S E N A T E

                                      April 1, 2026
                                       ___________

        Introduced  by  Sen.  LIU  --  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 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