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Bill > S01929


NY S01929

NY S01929
Adjusts the regional labor force cost index for the Hudson Valley region for the 2025--2026 school year and thereafter.


summary

Introduced
01/14/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

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

AI Summary

This bill adjusts how the state calculates the "regional labor force cost index," which is a factor used in determining state school aid, specifically for the Hudson Valley region. The regional labor force cost index is based on an analysis of median salaries for professional jobs that require similar qualifications to education positions. The bill updates this index for the Hudson Valley to 1.314 for the 2025-2026 school year, and then further adjusts it to 1.425 for the 2026-2027 school year and beyond, while also setting a specific index of 1.351 for Westchester County for the 2025-2026 school year.

Committee Categories

Education

Sponsors (1)

Last Action

PRINT NUMBER 1929A (on 02/11/2026)

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