New York S 563: Relates to prohibiting the use of certain grades of fuel oil

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S00563 Summary:

BILL NOS00563 

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SAME ASSAME AS A02594

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SPONSORGIANARIS

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COSPNSRCOMRIE, ADDABBO, FERNANDEZ, HINCHEY, JACKSON, PARKER, RAMOS, WEBB

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MLTSPNSR

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Add Art 28 §§500 - 504, Ec Dev L; add §60, UDC Act

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Enacts the good jobs guarantee program to provide workforce training and opportunities for employment for residents of New York state to secure high paying jobs through the acquisition of job skills.

Go to top S00563 Actions:

BILL NOS00563 

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01/08/2025REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

01/07/2026REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

Go to topS00563 Committee&nbspVotes:

Go to topS00563 Floor&nbspVotes:

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

Go to topS00563 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 563

 2025-2026 Regular Sessions

 IN SENATE

 (Prefiled)

 January 8, 2025
 ___________

 Introduced by Sens. GIANARIS, COMRIE -- read twice and ordered printed,
 and when printed to be committed to the Committee on Commerce, Econom-
 ic Development and Small Business

 AN ACT to amend the economic development law and the New York state
 urban development corporation act, in relation to enacting the good
 jobs guarantee act

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

 1 Section 1. The economic development law is amended by adding a new
 2 article 28 to read as follows:

 3 ARTICLE 28
 4 GOOD JOBS GUARANTEE ACT

 5 Section 500. Short title.
 6 501. Legislative findings.
 7 502. Good jobs guarantee program.
 8 503. Definitions.
 9 504. Program administration.
 10 § 500. Short title. This article shall be known and may be cited as
 11 the "good jobs guarantee act".
 12 § 501. Legislative findings. For many New Yorkers, there are few path-
 13 ways to good jobs, and economic mobility is no longer attainable. Tradi-
 14 tional paths are failing, and the system is broken. Over 76% of Ameri-
 15 cans, which equates to 218+ million adults, do not have college degrees
 16 even though most high-paying jobs require one. At the same time, the
 17 United States is burdened by a $1.7 trillion student loan crisis because
 18 college financing has decoupled from outcomes. The system is especially
 19 stacked against low-income individuals and people of color. In New York
 20 State, this problem persists: 60% of adults lack a 4-year degree and

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00728-02-5

 S. 563 2

 1 degree holders owe $90 billion in loans. College is not the only path to
 2 a good job - alternatives for workforce training exist. While these
 3 models have high potential, limited funding and frameworks prevent them
 4 from confronting this challenge and new models are needed to address the
 5 scale.
 6 Accordingly, the Good Jobs Guarantee Act would establish a program
 7 within the Empire State Development Corporation to facilitate the imple-
 8 mentation of workforce training for low-income New Yorkers through a
 9 public-private partnership capped equity financing framework. Core to
 10 the Good Jobs Guarantee Act is ensuring that low-income New Yorkers
 11 seeking economic opportunity are significantly better off upon complet-
 12 ing workforce training than they were before. Individuals who partic-
 13 ipate in training programs under the Good Jobs Guarantee Act will not be
 14 charged any tuition or upfront costs; they will only incur payment obli-
 15 gations if the program actually succeeds in securing them employment at
 16 high, family-sustaining wages. The bill also contains several
 17 protections to ensure that participants can receive workforce training
 18 for good paying jobs without being saddled by unduly burdensome debt. If
 19 at any time after their training a participant is unable to maintain a
 20 good job for any reason, the participant's payment obligations will
 21 cease. This program shifts the burden away from the job seeker and onto
 22 approved workforce training providers to achieve success. By bringing
 23 this outcome-based financing model to scale, this bill aims to revolu-
 24 tionize workforce training in New York