Bill Text: NY A07075 | 2013-2014 | General Assembly | Introduced
Bill Title: Requires state aid to education formula to be computed by applying an adjustment for regional cost of living based upon the consumer price index promulgated by the U.S. department of labor.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2014-04-07 - held for consideration in education [A07075 Detail]
Download: New_York-2013-A07075-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 7075 2013-2014 Regular Sessions I N A S S E M B L Y May 1, 2013 ___________ Introduced by M. of A. SALADINO -- read once and referred to the Commit- tee on Education AN ACT to amend the education law, in relation to a regional cost of living adjustment on state aid to school districts THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 3602 of the education law is amended by adding a 2 new subdivision 40 to read as follows: 3 40. NOTWITHSTANDING ANY CONTRARY PROVISION OF LAW, ALL STATE AID TO 4 EDUCATION PROVIDED PURSUANT TO THE PROVISIONS OF THIS SECTION SHALL BE 5 FURTHER COMPUTED BY APPLYING AN ADJUSTMENT FOR REGIONAL COSTS OF LIVING 6 BASED UPON THE CONSUMER PRICE INDEX PROMULGATED BY THE UNITED STATES 7 DEPARTMENT OF LABOR. 8 S 2. This act shall take effect on the first of July next succeeding 9 the date on which it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08156-01-3