Sen. Robert Jackson

Maddy summaryThis bill requires colleges and universities to include clear, standardized information about student loan repayment in financial aid award letters sent to undergraduate students. Specifically, institutions must detail estimated monthly payments, total payoff amounts (including interest), and standard 10-year repayment terms for any loans in the aid package. The requirement applies to all schools offering approved programs, directly affecting students receiving financial aid by making loan costs more transparent upfront. The Department of Financial Services must create and publish this standardized letter format, including a glossary of terms, by December 2015 (with implementation for the 2016-17 academic year). This change aims to help students understand long-term debt obligations before accepting financial aid.

Prohibits approved organizations providing coverage under the child health insurance plan from discriminating against health care providers which do not participate in the organization's health care network.

Enacts the New York fair housing act to require municipalities to take affirmative steps to address the creation and maintenance of affordable housing.

Relates to service retirement benefits for certain members of the New York city employees' retirement system; provides that for New York city uniformed correction/sanitation revised plan members of the New York city employees' retirement system, the service retirement benefit shall not be reduced by the primary social security retirement benefit commencing at age sixty-two.

Authorizes certain persons to possess and administer epinephrine by use of an epinephrine auto-injector device upon completion of appropriate training; requires the department of health to establish a registry of the names of lay persons trained in the use of an epinephrine auto-injector device.

Requires instruction in public schools aligned to the Culturally Responsive-Sustaining Education Framework; requires the commissioner of education to update learning standards on an ongoing basis and provide technical assistance and resources to aid public schools in providing such instruction.

Provides for a working families tax credit; directs quarterly prepayment of the credit; provides for a sliding reduction in the credit for incomes which exceed a certain threshold.

Relates to establishing the state of New York public bank to use the state's depository assets to generate additional benefit for the people and the economy of the state.

Relates to the employee status of an individual; establishes criteria for determining whether labor or services performed for remuneration qualify as employment.

Establishes an economy-wide cap and invest program to support greenhouse gas emissions reductions in the state by setting a maximum allowable amount of greenhouse gas emissions by covered entities and regulating the sale or auction of greenhouse gas emissions allowances to covered entities.