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Bill

Bill

S 3696

Relates to the establishment of the New York state promise program; appropriation

2025 Regular Session Introduced by James Sanders and 1 co-sponsor

Bill S 3696 establishes the New York State Promise Program, providing financial aid to low- and middle-income students to enhance college access and reduce family costs.

REFERRED TO FINANCE
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Bill Summary · S 3696

Summary of Bill S 3696: New York State Promise Program

Purpose and Intent

Bill S 3696 aims to establish the New York State Promise Program, which is designed to provide financial assistance to eligible students pursuing higher education. The program seeks to enhance access to college and reduce the financial burden on families, thereby promoting educational attainment and workforce development within the state.

Key Provisions

  • Establishment of the Program: The bill proposes the creation of the New York State Promise Program, which will offer financial aid to students from low- and middle-income families.
  • Funding Appropriation: The legislation includes provisions for the appropriation of state funds necessary to support the program. Specific dollar amounts for funding have not been detailed in the current version of the bill.
  • Eligibility Criteria: While specific eligibility requirements are not outlined in the provided information, it is anticipated that the program will target students based on income levels and academic performance.
  • Implementation Timeline: The bill was introduced on January 29, 2025, and has been referred to the Finance Committee for further consideration. The timeline for implementation will depend on the committee's review and subsequent legislative actions.

Affected Parties

  • Students: The primary beneficiaries of the New York State Promise Program will be students from low- and middle-income families seeking higher education opportunities.
  • Educational Institutions: Colleges and universities in New York State may see an increase in enrollment as financial barriers are reduced for prospective students.
  • State Budget: The appropriation of funds for this program will impact the state budget, necessitating careful financial planning and allocation.

Legislative Status

  • As of the latest update, the bill has been referred to the Finance Committee for further discussion and potential amendments. The outcome of this referral will determine the next steps in the legislative process.

Related Bills

Bill S 3696 is related to several prior-session bills, which may provide context or serve as a foundation for its provisions:
- S 6598
- S 2020
- S 2114
- S 3251
- S 1840

These related bills may contain similar objectives or frameworks that could influence the current bill's development.

Conclusion

Bill S 3696 represents a significant effort by the New York State legislature to improve access to higher education through financial support for students. As it progresses through the legislative process, further details regarding funding and eligibility will be crucial for understanding its full impact on students and educational institutions in New York.

Compiled from official sources — confirm details with the bill’s official record.

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