Bill Text: NY S08478 | 2023-2024 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Provides that for aid payable in the two thousand twenty-five--two thousand twenty-six school year, the library materials factor shall be eleven dollars; provides that for each following school year, the library materials factor shall be determined on an annual basis to reflect the percentage increase in the consumer price index.
Spectrum: Bipartisan Bill
Status: (Introduced) 2024-03-20 - REPORTED AND COMMITTED TO FINANCE [S08478 Detail]
Download: New_York-2023-S08478-Introduced.html
Bill Title: Provides that for aid payable in the two thousand twenty-five--two thousand twenty-six school year, the library materials factor shall be eleven dollars; provides that for each following school year, the library materials factor shall be determined on an annual basis to reflect the percentage increase in the consumer price index.
Spectrum: Bipartisan Bill
Status: (Introduced) 2024-03-20 - REPORTED AND COMMITTED TO FINANCE [S08478 Detail]
Download: New_York-2023-S08478-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8478 IN SENATE February 2, 2024 ___________ Introduced by Sens. CHU, MURRAY -- read twice and ordered printed, and when printed to be committed to the Committee on Libraries AN ACT to amend the education law, in relation to the library materials factor The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 3 of section 711 of the education law, as 2 amended by section 7 of part B of chapter 57 of the laws of 2007, is 3 amended to read as follows: 4 3. No school district shall be required to purchase or otherwise 5 acquire school library materials, the cost of which shall exceed an 6 amount equal to the library materials factor multiplied by the sum of 7 the public school district enrollment and the nonpublic school enroll- 8 ment in the base year as defined in subparagraphs two and three of para- 9 graph n of subdivision one of section thirty-six hundred two of this 10 chapter. For aid payable in the nineteen hundred ninety-eight--nineteen 11 hundred ninety-nine school year, the library materials factor shall be 12 four dollars. For aid payable in the two thousand seven--two thousand 13 eight school year and thereafter, the library materials factor shall be 14 six dollars and twenty-five cents. For aid payable in the two thousand 15 twenty-five--two thousand twenty-six school year, the library materials 16 factor shall be eleven dollars. For each following school year, the 17 library materials factor shall be determined on an annual basis by the 18 director of the budget in consultation with the commissioner based on 19 the rate of inflation for the most recent twelve month period ending 20 June of that year. 21 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14367-01-4