Bill
Bill > A01477
NY A01477
NY A01477Allows 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
01/10/2025
In Committee
01/10/2025
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A1477 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A01477&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A01477 |
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