Bill > A04913

This bill allows New York state taxpayers to voluntarily contribute additional money to the Tuition Assistance Program (TAP) when filing their personal income tax returns, starting in the 2028 tax year. Specifically, individuals can elect to donate any whole dollar amount to the newly established "gifts to the tuition assistance program fund" when completing their tax forms. These voluntary contributions will not reduce the taxpayer's state tax liability and are designed to provide supplemental funding for the TAP, which helps New York students pay for higher education. The bill creates a special fund jointly managed by the state comptroller and tax commissioner, ensuring that these additional donations are kept separate from other state funds and can only be used to supplement (not replace) existing TAP funding. The money will be appropriated by the legislature and distributed by the New York State Higher Education Services Corporation for tuition assistance awards, in accordance with existing education law provisions. The act will take effect on the first day of January following its passage and will apply to tax years from that point forward.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A4913