Qualifies the permitted use of proceeds from the lease of lands located at the state university of New York at Purchase

Latest action Nov 21, 2025

Qualifies the permitted use of proceeds from the lease of lands located at the state university of New York at Purchase shall go to New York state resident students who are eligible to receive a federal Pell grant.

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Where it stands

Signed into law.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

New York State Senate

Same as A8142, the matching bill in the Assembly.

Committee

Higher Education · New York State Assembly

Also referred to Higher Education · New York State Senate.

Purpose, from the sponsor's memo

Section 1 amends section 13 of chapter 405 of the laws of 2011 relating to authorizing the lease of lands located at the state university of New York at Purchase to include New York State resident students who are eligible to receive a federal Pell grant to those eligible for student financial aid allocated from the proceeds from the lease of land. Section 2 sets the effective date.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

Vote: Floor vote
NY SenateJun 5, 2025Result: passed
(60) (0) (0) (3)
Vote: Committee vote · Higher Education
Senate Higher EducationMay 13, 2025Result: passed
(11) (0) (0) (0)

Cosponsors

Steven Otis

Democratic1

Steven Otis

See the full list on nysenate.gov

The sponsor's argument

Why Shelley Mayer says this is needed

Chapter 405 of the Laws of 2011 authorized toe lease of State University of New York, at Purchase to the Purchase College Advancement Corpo- ration, to be used as the site of a senior community. Under existing law, the board. of trustees of Purchase College is directed to allocate seventy-five per cent of the lease proceeds to financial aid for students "who are eligible to receive a tuition assistance award or supplemental tuition assistance pursuant to section 667 or 667-a of the education law," and twenty-five per cent to support full-time faculty positions. Chapter 563 of the laws of 2023 expanded the permitted use of the proceeds from the lease to include support for current as well as addi- tional full-time faculty. This bill would further expand the permitted uses of the lease proceeds to include additional students among those eligible for financial aid. This bill would expand use of the seventy-five percent allocated to student financial aid to include New York State resident students who are eligible to receive a federal Pell grant. Due to specific eligibility requirements tied to New York's Tuition Assistance Program, the college's ability to fully leverage funds gener- ated from the lease of lands to attract and retain students is limited. Expanding the criteria to include Pell-eligible students would facili- tate and support the college's efforts to meet the needs of more students and would improve Purchase's ability to attract and enroll students.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

Nov 21, 2025
Signed
SIGNED CHAP.554
NY Senate
Nov 17, 2025
Sent to the executive
DELIVERED TO GOVERNOR
NY Senate
Jun 11, 2025
Ordered to Third Reading Rules CAL.635
ORDERED TO THIRD READING RULES CAL.635
NY Assembly
Jun 11, 2025
Passed a chamber
PASSED ASSEMBLY
NY Assembly
Jun 11, 2025
Reported out of committee
REPORTED
NY Assembly

Show full history (13 earlier events)

Jun 11, 2025
Substituted
SUBSTITUTED FOR A8142A
NY Assembly
Jun 10, 2025
Reported out of committee
REPORTED REFERRED TO RULES
NY Assembly
Jun 9, 2025
Reference Changed to Ways and Means
REFERENCE CHANGED TO WAYS AND MEANS
NY Assembly
Jun 5, 2025
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
Jun 5, 2025
Passed a chamber
PASSED SENATE
NY Senate
Jun 5, 2025
Referred to committee
REFERRED TO HIGHER EDUCATION
NY Assembly
May 15, 2025
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate
May 14, 2025
2ND Report CAL.
2ND REPORT CAL.
NY Senate
May 13, 2025
1ST Report CAL.1019
1ST REPORT CAL.1019
NY Senate
May 12, 2025
Amend and Recommit to Higher Education
AMEND AND RECOMMIT TO HIGHER EDUCATION
NY Assembly
May 7, 2025
Amend and Recommit to Higher Education
AMEND AND RECOMMIT TO HIGHER EDUCATION
NY Senate
May 1, 2025
Referred to committee
REFERRED TO HIGHER EDUCATION
NY Assembly
Apr 17, 2025
Referred to committee
REFERRED TO HIGHER EDUCATION
NY Senate

About this record

Summary: The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.
Cosponsors: The list shows the cosponsors who are on Agora, A to Z. The official record may list more.
Party colors: Parties are shown in the same neutral colors.
Source: From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 22, 2026. About our data

Read the record

Read on NY Senate (opens in a new tab) The official record on nysenate.gov.

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