New York A 5486: Relates to recovery for certain overpayments

Bill Text

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A05486 Summary:

BILL NOA05486 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORHyndman

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COSPNSR

&nbsp

MLTSPNSR

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&nbsp

Prohibits the higher education services corporation from seeking recovery of awards made in error during certain academic years due to administrative error.

Go to top A05486 Actions:

BILL NOA05486 

&nbsp

02/14/2025referred to higher education

01/07/2026referred to higher education

Go to topA05486 Committee&nbspVotes:

Go to topA05486 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA05486 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5486

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 14, 2025
 ___________

 Introduced by M. of A. HYNDMAN -- read once and referred to the Commit-
 tee on Higher Education

 AN ACT in relation to recovery for certain overpayments

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Notwithstanding any law, rule, or regulation to the contra-
 2 ry, the higher education services corporation shall not seek recovery
 3 for overpayment where, through administrative error by such corporation,
 4 a student was incorrectly granted exclusion of parental income with a
 5 dependent for the 2022--2023, 2023--2024, or 2024--2025 academic years
 6 for the purposes of determining eligibility pursuant to section 667 of
 7 the education law.
 8 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09534-01-5

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