New York 2025-2026 Regular Session

New York Assembly Bill A11384

Caption

Relates to the transfer of funds from the tuition reimbursement account

Summary

This bill amends the Education Law to allow a limited transfer of money from the tuition reimbursement account when that account has a balance above $2.5 million. In that circumstance, up to $500,000 may be transferred in a state fiscal year to the proprietary vocational school supervision account, but only upon request by the Commissioner of Education. The measure is narrowly focused on the financing of state oversight functions for proprietary vocational schools. It does not change tuition reimbursement eligibility or student benefits directly; instead, it creates a mechanism to redirect excess funds from one education-related account to another account used for supervision and regulation. The bill takes effect immediately.

Impact

The bill would amend subdivision 10 of section 5007 of the Education Law by adding a new paragraph authorizing a capped transfer of surplus funds from the tuition reimbursement account to the proprietary vocational school supervision account. It affects the administration of two state education accounts and gives the Commissioner of Education discretion to request the transfer when the tuition reimbursement account exceeds the specified threshold. The practical effect is to provide an additional funding source for oversight of proprietary vocational schools without increasing appropriations or changing tax policy.

Sentiment

Based on the available record, the bill appears to be a routine administrative measure with no recorded floor debate, committee transcript, or vote history showing opposition or support. Its introduction by the Committee on Rules at the request of a member suggests it was treated as a technical or budgetary adjustment rather than a controversial policy change. The absence of recorded votes or discussion indicates little visible public contention in the available materials.

Contention

The main policy question is whether surplus money in the tuition reimbursement account should be available for transfer to another education oversight account, and whether the $2.5 million threshold and $500,000 annual cap are appropriate. Potentially affected parties include proprietary vocational schools, the Department of Education, and any stakeholders concerned with preserving tuition reimbursement reserves for their original purpose. No specific objections or competing viewpoints are documented in the provided materials.

Companion Bills

No companion bills found.

Previously Filed As

NY S09682

Authorizes the transfer of funds from the tuition reimbursement account to the proprietary vocational school supervision account in the event that the net balance of the tuition reimbursement account is in excess of two million five hundred thousand dollars.

NY AB1716

California Victim Compensation Board: tuition reimbursement.

NY A10627

Establishes the New York state pre-paid tuition plan by which a person may contribute to an account for the pre-payment of college tuition, tax free.

NY S09703

Relates to the transfer of funds into the metropolitan transportation authority aid trust account and the public transportation system operating assistance account.

NY S03737

Relates to preventing fraudulent deed transfers; protects home owners from being misled into transferring their home to mortgage servicers.

NY SB75

To Amend The Revenue Stabilization Law; To Create Funds; To Make Transfers To And From Funds And Fund Accounts; And To Declare An Emergency.

NY HB1100

To Amend The Revenue Stabilization Law; To Create Funds; To Make Transfers To And From Funds And Fund Accounts; And To Declare An Emergency.

NY SB75

TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS; AND TO DECLARE AN EMERGENCY.

NY HB1100

TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS; AND TO DECLARE AN EMERGENCY.

NY HB261405

Concerning transfers of money from certain cash funds to the general fund.

Similar Bills

No similar bills found.