Adjusts the regional labor force cost index for the Hudson Valley region for the 2025--2026 school year and thereafter.
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.
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.
Directs the education department to study, review and report on the geographic cost variation of counties in the Hudson Valley labor force region to determine the appropriateness of the region cost index values for purposes of the public school foundation aid formula.
Increases the income cap for purposes of the Excelsior scholarship from $125,000 to $150,000 for academic years 2026-2027 and thereafter.
Increases the income cap for purposes of the Excelsior scholarship from $125,000 to $150,000 for academic years 2026-2027 and thereafter.
Amends the Education Equity and Property Tax Relief Act to set the regionalization bonus at 2% of the state's share of foundation education aid for the fiscal year starting July 1, 2025, and for each year thereafter.
Enacts the "our school our rules act"; prohibits mandatory regionalization plans.
Provides that income taxes shall be adjusted to account for a cost of living adjustment for certain tax years.
Provides that income taxes shall be adjusted to account for a cost of living adjustment for certain tax years.