Bill > S09715

This bill amends the Social Services Law to require the Office of Children and Family Services (OCFS) to utilize a cost estimation model when determining the actual cost providers incur when providing child care. The cost estimation model must identify and account for various cost drivers, including employee salaries and benefits, enrollment levels, facility costs, and regulatory compliance. Additionally, the bill requires OCFS to consult with stakeholders, such as child care resource and referral agencies and providers, in developing the cost estimation model. The bill also mandates OCFS to prepare a report detailing the actual costs of child care in different settings, including the level of quality care, major cost drivers, and a comparison to the market rate determined by OCFS. The report must be submitted to the governor, the speaker of the assembly, and the temporary president of the senate by June 1, 2025, and OCFS must post the information on its website.