New York A 4897: Enacts the "medical liability reform act"; repealer

Bill Text

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 Speaker Carl E. Heastie

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A04897 Summary:

BILL NOA04897 

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SAME ASSAME AS S03738

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COSPNSR

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MLTSPNSR

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Amd §665, Ed L

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Requires the higher education services corporation to make a determination of financial eligibility of a student for financial aid, awards and loans within 60 days from the day of the receipt of the financial aid application; where the higher education services corporation fails to make a timely determination the applicant shall be deemed eligible for such aid for the semester for which the application was made; allows for a 30-day extension if notice is given to the educational institution within the initial 60-day period.

Go to top A04897 Actions:

BILL NOA04897 

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02/10/2025referred to higher education

01/07/2026referred to higher education

Go to topA04897 Committee&nbspVotes:

Go to topA04897 Floor&nbspVotes:

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

Go to topA04897 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4897

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 10, 2025
 ___________

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

 AN ACT to amend the education law, in relation to general and academic
 performance awards, student loans and tuition assistance program
 awards

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

 1 Section 1. Section 665 of the education law is amended by adding a new
 2 subdivision 8 to read as follows:
 3 8. Timeliness of financial aid determinations. Notwithstanding any
 4 other provision of law, the corporation shall make its determination of
 5 financial aid eligibility within sixty days from the day of the receipt
 6 of the completed financial aid application from the student. In the
 7 event that such financial aid determination is not made by the corpo-
 8 ration within sixty days after receipt of the completed financial aid
 9 application from the student, such student shall be deemed eligible to
 10 receive financial aid for the semester for which the completed financial
 11 aid application is made; provided, however, that the corporation may
 12 obtain an additional thirty day extension to make its eligibility deter-
 13 mination upon written notification to the institution within sixty days
 14 that additional time is necessary to examine and review the completed
 15 financial aid application of such student.
 16 § 2. This act shall take effect on the first of July in the second
 17 year next succeeding the year in which it shall have become a law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD07676-01-5

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