Bill Text: NY A04607 | 2023-2024 | General Assembly | Introduced

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Bill Title: Adjusts the regional labor force cost index for the Hudson Valley region for the 2023-2024 school year and thereafter.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-01-03 - referred to education [A04607 Detail]

Download: New_York-2023-A04607-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          4607

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    February 17, 2023
                                       ___________

        Introduced  by M. of A. MCGOWAN -- read once and referred to the Commit-
          tee on Education

        AN ACT to amend the education law, in relation to adjusting the regional
          cost index for state school aid with  respect  to  the  Hudson  Valley
          region

          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 9-b of part CCC of
     3  chapter 59 of the laws of 2018, is amended to read as follows:
     4    (2) (A) The regional cost index shall reflect  an  analysis  of  labor
     5  market  costs  based on median salaries in professional occupations that
     6  require similar credentials to  those  of  positions  in  the  education
     7  field,  but  not  including  those  occupations  in the education field,
     8  provided that the regional cost indices for the two thousand  seven--two
     9  thousand  eight  school  year  [and thereafter] through the two thousand
    10  twenty-two--two thousand twenty-three school year shall be as follows:
    11            Labor Force Region  Index
    12            Capital District    1.124
    13            Southern Tier       1.045
    14            Western New York    1.091
    15            Hudson Valley       1.314
    16            Long Island/NYC     1.425
    17            Finger Lakes        1.141
    18            Central New York    1.103
    19            Mohawk Valley       1.000
    20            North Country       1.000
    21    (B) For the two thousand twenty-three--two thousand twenty-four school
    22  year and thereafter the regional cost indices shall be as follows:
    23            Labor Force Region  Index
    24            Capital District    1.124

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06245-01-3
        A. 4607                             2

     1            Southern Tier       1.045
     2            Western New York    1.091
     3            Hudson Valley       1.425
     4            Long Island/NYC     1.425
     5            Finger Lakes        1.141
     6            Central New York    1.103
     7            Mohawk Valley       1.000
     8            North Country       1.000
     9    § 2. This act shall take effect immediately.