NY A08504

Establishes a funding floor requiring New York State to provide each SUNY community college with annual base funding equal to at least the highest amount received in any of the previous three fiscal years

Automatically indexes the funding floor to inflation using the Commonfund Higher Education Price Index, with the Division of the Budget certifying the adjusted amount by January 15th each year

Protects per-student funding during enrollment declines by maintaining the prior year's state aid per full-time equivalent student, while providing additional funding at prevailing rates when enrollment increases

Requires a two-thirds legislative vote with written public justification to deviate from the funding floor during a state fiscal emergency

Mandates annual reporting by the SUNY Chancellor to the legislature on community college funding, enrollment trends, funding floor compliance, and inflation adjustment impacts