New York A09034 sets a minimum reimbursement rate for state-funded SUNY programs and allows state agencies to fund SUNY programs if they determine it.

New York A09034 amends the state finance law to establish a minimum reimbursement rate of 26% for state-funded SUNY programs. This reimbursement applies to direct costs necessary to fulfill the terms of the program. Additionally, the bill allows state agencies to fund SUNY programs if they determine that such funding would produce administrative efficiencies or cost savings. This provision aims to ensure that state-funded SUNY programs are adequately reimbursed while also encouraging cost-effective program management.

New York A09034 sets a minimum reimbursement rate for state-funded SUNY programs and allows state agencies to fund SUNY programs if they determine it.

New York A09034 amends the state finance law to establish a minimum reimbursement rate of 26% for state-funded SUNY programs. This reimbursement applies to direct costs necessary to fulfill the terms of the program. Additionally, the bill allows state agencies to fund SUNY programs if they determine that such funding would produce administrative efficiencies or cost savings. This provision aims to ensure that state-funded SUNY programs are adequately reimbursed while also encouraging cost-effective program management.