Signed by Governor Andrew Cuomo

Vote Smart's Synopsis:

Vote to pass a bill that amends the state budget, which includes new appropriations for education and college tuition.

Highlights:

• Authorizes partial payments of property taxes (Part F).

• Revises veterans’ home assistance funding (Part J).

• Establishes new eligibility criteria for receiving tax credits (Part Q).

• Amends prepaid sales taxes on motor fuel and diesel motor fuel (Part UU).

• Establishes excelsior research and development tax credits (Part YY).

• Establishes a minority and women-owned business enterprise program (Part CCC).

• Creates a part-time scholarship award program (Part KKK).

• Revises funding for project costs undertaken by non-public schools (Part YYY).

• Provides funds for supplemental educational services (Part YYY).

• Establishes grants for hiring teachers and accommodating under-funded schools (Part YYY).

• Establishes enhanced tuition assistance awards that reimburse students for their college expenses (Part III).

• Establishes provisions for the how a university should appropriate revenue it gains from increased college tuition (Part III).

Full Bill Text