Bill Text: NY S04480 | 2011-2012 | General Assembly | Introduced

New York Senate Bill 4480 (Prior Session Legislation)

Introduced

Bill Title: Provides cost-of-living adjustment factor for aid to libraries.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2012-01-04 - REFERRED TO EDUCATION [S04480 Detail]

Download: New_York-2011-S04480-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4480
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                     April 6, 2011
                                      ___________
       Introduced  by  Sen.  FARLEY -- read twice and ordered printed, and when
         printed to be committed to the Committee on Education
       AN ACT to amend the education law, in relation to providing  for  infla-
         tionary increases in library aid
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The education law is amended by adding a new section 286 to
    2  read as follows:
    3    S 286. COST-OF-LIVING ADJUSTMENT FOR LIBRARY AID. 1.  DEFINITIONS.  AS
    4  USED IN THIS SECTION:
    5    A.  "BASE  YEAR"  MEANS  THE  CALENDAR  YEAR IMMEDIATELY PRECEDING THE
    6  CALENDAR YEAR FOR WHICH AN APPORTIONMENT OF AID IS TO BE  PAID  PURSUANT
    7  TO THIS SECTION.
    8    B.  "CONSUMER PRICE INDEX" MEANS THE REGIONAL CONSUMER PRICE INDEX FOR
    9  THE NEW YORK, NEW YORK-NORTHEASTERN, NEW JERSEY  AREA,  BASED  UPON  THE
   10  INDEX  FOR  ALL  URBAN  CONSUMERS  (CPI-U),  AS DETERMINED BY THE UNITED
   11  STATES DEPARTMENT OF LABOR.
   12    C. "COST-OF-LIVING ADJUSTMENT FACTOR" MEANS THE PERCENTAGE INCREASE IN
   13  THE CONSUMER PRICE INDEX OVER THE PERIOD COMMENCING DECEMBER FIRST,  TWO
   14  THOUSAND  TEN  AND  ENDING  ON DECEMBER FIRST OF THE BASE YEAR, PROVIDED
   15  THAT SUCH FACTOR SHALL NOT BE LESS THAN ZERO.
   16    D. "TOTAL APPORTIONMENT OF LIBRARY AID" MEANS THE SUM  OF  ALL  APPOR-
   17  TIONMENTS  PAYABLE TO A LIBRARY, LIBRARY SYSTEM OR OTHER ELIGIBLE INSTI-
   18  TUTION PROVIDING LIBRARY SERVICES FOR THE CURRENT CALENDAR YEAR PURSUANT
   19  TO SECTION TWO HUNDRED SEVENTY-ONE, TWO HUNDRED SEVENTY-TWO, TWO HUNDRED
   20  SEVENTY-THREE, TWO HUNDRED SEVENTY-THREE-A, TWO HUNDRED  EIGHTY-FOUR  OR
   21  TWO HUNDRED EIGHTY-FIVE OF THIS PART.
   22    2.  CALCULATION OF COST-OF-LIVING ADJUSTMENT.  FOR THE YEAR COMMENCING
   23  JANUARY FIRST, TWO THOUSAND TWELVE, AND ANNUALLY THEREAFTER, IN ADDITION
   24  TO ANY OTHER  APPORTIONMENTS  PURSUANT  TO  THIS  PART,  EVERY  LIBRARY,
   25  LIBRARY  SYSTEM  AND OTHER ELIGIBLE INSTITUTION SHALL BE ELIGIBLE FOR AN
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD01113-01-1
       S. 4480                             2
    1  ADDITIONAL APPORTIONMENT EQUAL TO THE PRODUCT OF ITS TOTAL APPORTIONMENT
    2  OF LIBRARY AID MULTIPLIED BY THE COST-OF-LIVING ADJUSTMENT FACTOR,  WITH
    3  THE RESULT ROUNDED TO THE NEAREST WHOLE DOLLAR.
    4    S  2.  This  act  shall take effect July 1, 2011; provided however, if
    5  this act shall have become a law after such date it  shall  take  effect
    6  immediately and shall be deemed to have been in full force and effect on
    7  and after July 1, 2011.