SUNY Leadership Expresses Concerns with Federal Tax Reform BillsShare on Twitter!
“Although both bills are being touted as tax reform, they include devastating measures that will inhibit the educational, research, and economic development missions of our 64 colleges and universities,” the letter reads. “We urge you to prevent tuition waivers from becoming taxable income, to preserve the Lifetime Learning and the American Opportunity Tax Credits, and to maintain the full state and local tax (SALT) deductions.”
About The State University of New York
The State University of New York is the largest comprehensive system of higher education in the United States, with 64 college and university campuses located within 30 miles of every home, school and business in the state. In 2015–16, SUNY served nearly 1.3 million students, including nearly 600,000 in credit-bearing courses and programs and more than 700,000 through continuing education and community outreach programs. SUNY students and faculty across the state make significant contributions to research and discovery, resulting in nearly $1 billion of externally sponsored activity each year. There are 3 million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunity, visit www.suny.edu.