New York S 5861: Relates to exemptions for potato storage and potato shipping facilities

Bill Text

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S05861 Summary:

BILL NOS05861 

&nbsp

SAME ASSAME AS A06155

&nbsp

SPONSORGOUNARDES

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add §689-b, Ed L

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Directs the higher education services corporation to create a net price calculator center for colleges on its website.

Go to top S05861 Actions:

BILL NOS05861 

&nbsp

03/03/2025REFERRED TO HIGHER EDUCATION

01/07/2026REFERRED TO HIGHER EDUCATION

Go to topS05861 Committee&nbspVotes:

Go to topS05861 Floor&nbspVotes:

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

Go to topS05861 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5861

 2025-2026 Regular Sessions

 IN SENATE

 March 3, 2025
 ___________

 Introduced by Sen. GOUNARDES -- 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 a net price calculator
 center for colleges

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

 1 Section 1. The education law is amended by adding a new section 689-b
 2 to read as follows:
 3 § 689-b. Net price calculator center. 1. For the purposes of this
 4 section:
 5 (a) "Estimated cost of attendance" shall mean the total amount, not
 6 including grants and scholarships, that it costs to attend a college,
 7 which may include, among other expenses, tuition and fees, housing and
 8 meals, allowances for books, supplies, transportation, and dependent
 9 care.
 10 (b) "Net price" shall mean the estimated cost of attendance at a given
 11 college after accounting for financial aid which does not require repay-
 12 ment.
 13 (c) "Net price calculator" shall mean a tool to calculate net price at
 14 a college.
 15 2. (a) The president shall, in conjunction with the commissioner,
 16 create a net price calculator center which provides a net price calcula-
 17 tor tool for all colleges in this state. Such net price calculator
 18 center shall be prominently displayed on and easily accessed through the
 19 corporation's website.
 20 (b) The president and commissioner may incorporate information from
 21 existing net price calculators on a college's website when designing the
 22 net price calculator tool to be hosted on the corporation's website, but
 23 such calculator shall exist as a singular calculator able to provide net
 24 prices for all colleges in the state rather than linking to net price
 25 calculators on each individual college's website.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08374-01-5

 S. 5861 2

 1 (c) Such calculator tool shall require a user to enter household
 2 income, assets, and other pertinent information at the onset of the use
 3 of such tool and then shall use such information to produce an estimated
 4 net price for any college in this state. Such tool shall not require the
 5 user to enter such information anew for each estimate that such calcula-
 6 tor produces.
 7 (d) The president and commissioner shall utilize the tuition and
 8 related cost information most recently reported by a college when
 9 designing the net price calculator described herein. If a college
 10 updates its estimated cost of attendance, either on its website or
 11 otherwise, the net price calculator shall incorporate such updated costs
 12 into its calculations.
 13 § 2. This act shall take effect on the ninetieth day after it shall
 14 have become a law. Effective immediately, the addition, amendment and/or
 15 repeal of any rule or regulation necessary for the implementation of
 16 this act on its effective date are authorized to be made and completed
 17 on or before such effective date.

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