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Bill > A05986


NY A05986

NY A05986
Establishes the "public interest legal services loan assistance fund" of the state of New York (to consist of a portion of bar examination fees and other funds appropriated by the legislature therefor and such other monies as may be credited or otherwise transferred from any other fund or source pursuant to law, including voluntary contributions); provides for administration of such fund to assist public service attorneys practicing public interest law in repaying their student loans; defines ce


summary

Introduced
02/25/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the state finance law and the judiciary law, in relation to establishing a fund to assist public service attorneys practicing public service law to repay their student loans

AI Summary

This bill establishes the "Public Interest Legal Services Loan Assistance Fund" to help attorneys working in public service roles (such as prosecutors, public defenders, and civil legal services attorneys) repay their student loans. The legislation recognizes that many talented public service lawyers are leaving their jobs due to significant student loan debt and low salaries. Under the bill, attorneys who qualify must be employed in public service roles, have a law degree for no more than 11 years, and be within a specific six-year eligible period of their career. Starting in the 2025 fiscal year, eligible attorneys can receive up to $6,000 annually to help repay student loans. The fund will be primarily financed by increasing bar examination fees, with $150 from each exam fee and $100 from each credential review fee being directed into this new fund. The chief administrator of the courts will administer the program, creating an application process and establishing rules for determining eligibility. The goal is to help retain experienced public service attorneys by providing financial assistance that reduces their student loan burden and makes public interest legal careers more financially sustainable.

Committee Categories

Justice

Sponsors (7)

Last Action

referred to judiciary (on 01/07/2026)

bill text


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