Qualifies the permitted use of proceeds from the lease of lands located at the state university of New York at Purchase shall go to New York state resident students who are eligible to receive a federal Pell grant.
Impact
The implementation of A08142 could have significant implications on state education funding. By directing revenue from land leases directly to educational support for Pell Grant students, the state aims to increase the financial resources available for these individuals. This could lead to higher enrollment and retention rates among low-income students who might otherwise struggle to afford college expenses, thereby promoting a more educated workforce and contributing to the state’s overall economic growth.
Summary
Bill A08142 seeks to allocate the proceeds from the lease of lands located at the State University of New York at Purchase towards funding for students who are eligible for federal Pell Grants. This initiative aims to enhance financial support for New York state resident students pursuing higher education. By earmarking these funds specifically for Pell Grant recipients, the bill emphasizes the importance of accessible education for economically disadvantaged students and reflects a commitment to improving educational opportunities within the state.
Contention
While the bill has potential positive impacts on student funding, there are underlying tensions regarding the distribution of resources within the state's higher education system. Some stakeholders may argue that relying on lease proceeds could create uncertainty in funding levels, as annual revenues might fluctuate based on market conditions. Additionally, concerns may arise about whether this funding mechanism adequately addresses the broader issues of educational inequality and if it promotes sufficient investment in public education overall.
Same As
Qualifies the permitted use of proceeds from the lease of lands located at the state university of New York at Purchase shall go to New York state resident students who are eligible to receive a federal Pell grant.
Expands the permitted use of proceeds from the lease of lands located at the state university of New York at Purchase to support current full-time faculty positions.
Expands the permitted use of proceeds from the lease of lands located at the state university of New York at Purchase to support current full-time faculty positions.
Grants credit against personal income tax to purchasers of residential housing in the amount of any downpayment made on such housing; provides that the maximum credit shall not exceed 5 percent of the purchase price of the residential housing; requires taxpayers to meet eligibility requirements imposed by the state of New York mortgage agency.
Authorizes the empire state development corporation to develop a public awareness campaign promoting businesses located in New York state with an emphasis on small businesses and the need to shop in downtown local areas; requires the creation of the Buy New York Online Networking Directory to connect purchasers with businesses located in New York.
Requires each institution within the state university of New York and the city university of New York to have at least one vending machine making emergency contraception available for purchase.
Grants medical assistance eligibility for organ transplant expenses for residents of New York who are otherwise eligible for benefits except for their immigration status.
Grants medical assistance eligibility for organ transplant expenses for residents of New York who are otherwise eligible for benefits except for their immigration status.