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A09049 Summary:

BILL NOA09049
 
SAME ASSAME AS S08125
 
SPONSORSimon
 
COSPNSR
 
MLTSPNSR
 
Amd §3602, Ed L
 
Relates to the regional cost index for purposes of the calculation of total foundation aid; updates the regional cost index to better reflect the differences in cost of living across the state.
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A09049 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9049
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    September 5, 2025
                                       ___________
 
        Introduced  by M. of A. SIMON -- read once and referred to the Committee
          on Education
 
        AN ACT to amend the education law, in  relation  to  the  regional  cost
          index for purposes of the calculation of total foundation aid
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subparagraph 2 of paragraph a of subdivision 4  of  section
     2  3602 of the education law, as amended by section 10-a of part A of chap-
     3  ter 56 of the laws of 2025, is amended to read as follows:
     4    (2)  The regional cost index shall reflect an analysis of labor market
     5  costs based on median salaries in professional occupations that  require
     6  similar  credentials  to  those of positions in the education field, but
     7  not including those occupations in the education  field,  provided  that
     8  the regional cost indices for the two thousand seven--two thousand eight
     9  school year and thereafter shall be as follows:
    10            Labor Force Region  Index
    11            Capital District    1.124
    12            Southern Tier       1.045
    13            Western New York    1.091
    14            Hudson Valley       1.314
    15            Long Island/NYC     [1.425] 1.496
    16            Finger Lakes        1.141
    17            Central New York    1.103
    18            Mohawk Valley       1.000
    19            North Country       1.000
    20    Provided that in the two thousand twenty-five--two thousand twenty-six
    21  school  year  and  thereafter,  the  regional cost index for Westchester
    22  county shall be 1.351 and the regional cost index  for  Long  Island/NYC
    23  shall be 1.496.
    24    §  2. This act shall take effect July 1, 2025; provided, however, that
    25  if section 10-a of part A of chapter 56 of the laws of  2025  shall  not
    26  have  taken  effect  on or before such date then section one of this act
    27  shall take effect on the same date and in the same manner as  such  part
    28  of such chapter of the laws of 2025, takes effect.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13131-01-5
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