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Bill > A01477


NY A01477

NY A01477
Allows withdrawals from family tuition accounts to pay for treatment of substance use disorder, including detoxification and rehabilitation for the designated beneficiary.


summary

Introduced
01/10/2025
In Committee
01/10/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the education law, in relation to family tuition account withdrawals for treatment of substance use disorder

AI Summary

This bill amends the New York State education law to expand the definition of qualified withdrawals from family tuition accounts to include funding for substance use disorder treatment for the designated beneficiary. Specifically, the bill allows account owners to withdraw funds to pay for detoxification and rehabilitation services, provided that the treatment consists of at least fifteen hours and includes classroom instruction in areas approved by the education commissioner. Prior to this amendment, family tuition accounts had more restricted guidelines for withdrawals. The bill aims to provide families with more flexibility in using their tuition account funds to support treatment for substance use disorders, recognizing the importance of addressing this critical health issue. The legislation would take effect immediately upon enactment, enabling account owners to utilize their funds for substance use disorder treatment as soon as the bill becomes law.

Committee Categories

Education

Sponsors (5)

Last Action

referred to higher education (on 01/10/2025)

bill text


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