New York S 8125: Relates to suspending rent payments for certain residential tenants and small business commercial tenants and certain mortgage payments for ninety days in response to the outbreak of covid-19

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S08125 Summary:

BILL NOS08125 

&nbsp

SAME ASSAME AS A09049

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SPONSORLIU

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COSPNSRJACKSON

&nbsp

MLTSPNSR

&nbsp

Amd §3602, Ed L

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Relates to the regional cost index for purposes of the calculation of total foundation aid; updates the regional cost index to better reflect the differences in cost of living across the state.

Go to top S08125 Actions:

BILL NOS08125 

&nbsp

05/15/2025REFERRED TO EDUCATION

01/07/2026REFERRED TO EDUCATION

Go to topS08125 Committee&nbspVotes:

Go to topS08125 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS08125 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8125

 2025-2026 Regular Sessions

 IN SENATE

 May 15, 2025
 ___________

 Introduced by Sen. LIU -- 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 the regional cost
 index for purposes of the calculation of total foundation aid

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subparagraph 2 of paragraph a of subdivision 4 of section
 2 3602 of the education law, as amended by section 10-a of part A of chap-
 3 ter 56 of the laws of 2025, is amended to read as follows:
 4 (2) The regional cost index shall reflect an analysis of labor market
 5 costs based on median salaries in professional occupations that require
 6 similar credentials to those of positions in the education field, but
 7 not including those occupations in the education field, provided that
 8 the regional cost indices for the two thousand seven--two thousand eight
 9 school year and thereafter shall be as follows:
 10 Labor Force Region Index
 11 Capital District 1.124
 12 Southern Tier 1.045
 13 Western New York 1.091
 14 Hudson Valley 1.314
 15 Long Island/NYC [1.425] 1.496
 16 Finger Lakes 1.141
 17 Central New York 1.103
 18 Mohawk Valley 1.000
 19 North Country 1.000
 20 Provided that in the two thousand twenty-five--two thousand twenty-six
 21 school year and thereafter, the regional cost index for Westchester
 22 county shall be 1.351 and the regional cost index for Long Island/NYC
 23 shall be 1.496.
 24 § 2. This act shall take effect July 1, 2025; provided, however, that
 25 if section 10-a of part A of chapter 56 of the laws of 2025 shall not
 26 have taken effect on or before such date then section one of this act
 27 shall take effect on the same date and in the same manner as such part
 28 of such chapter of the laws of 2025, takes effect.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD13131-01-5

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