Loading chat...
NY S08478
Bill
Status
2/2/2024
Primary Sponsor
Iwen Chu
Click for details
AI Summary
-
Increases the library materials factor from $6.25 to $11.00 for the 2025-2026 school year, determining the maximum amount school districts must spend on library materials based on student enrollment.
-
Requires annual adjustment of the library materials factor beginning in 2026-2027 to reflect the percentage increase in the consumer price index.
-
Applies the library materials factor calculation to the sum of public school district enrollment and nonpublic school enrollment in the base year.
-
Takes effect immediately upon enactment.
Legislative Description
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.
Last Action
REPORTED AND COMMITTED TO FINANCE
3/20/2024