S T A T E O F N E W Y O R K ________________________________________________________________________ 8885 I N A S S E M B L Y (PREFILED) January 4, 2012 ___________ Introduced by M. of A. QUART -- read once and referred to the Committee on Libraries and Education Technology AN ACT to amend the education law, in relation to providing for infla- tionary increases in library aid THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. The education law is amended by adding a new section 286 to 2 read as follows: 3 S 286. COST-OF-LIVING ADJUSTMENT FOR LIBRARY AID. 1. DEFINITIONS. AS 4 USED IN THIS SECTION: 5 A. "BASE YEAR" MEANS THE CALENDAR YEAR IMMEDIATELY PRECEDING THE 6 CALENDAR YEAR FOR WHICH AN APPORTIONMENT OF AID IS TO BE PAID PURSUANT 7 TO THIS SECTION. 8 B. "CONSUMER PRICE INDEX" MEANS THE REGIONAL CONSUMER PRICE INDEX FOR 9 THE NEW YORK, NEW YORK-NORTHEASTERN, NEW JERSEY AREA, BASED UPON THE 10 INDEX FOR ALL URBAN CONSUMERS (CPI-U), AS DETERMINED BY THE UNITED 11 STATES DEPARTMENT OF LABOR. 12 C. "COST-OF-LIVING ADJUSTMENT FACTOR" MEANS THE PERCENTAGE INCREASE IN 13 THE CONSUMER PRICE INDEX OVER THE PERIOD COMMENCING DECEMBER FIRST, TWO 14 THOUSAND ELEVEN AND ENDING ON DECEMBER FIRST OF THE BASE YEAR, PROVIDED 15 THAT SUCH FACTOR SHALL NOT BE LESS THAN ZERO. 16 D. "TOTAL APPORTIONMENT OF LIBRARY AID" MEANS THE SUM OF ALL APPOR- 17 TIONMENTS PAYABLE TO A LIBRARY, LIBRARY SYSTEM OR OTHER ELIGIBLE INSTI- 18 TUTION PROVIDING LIBRARY SERVICES FOR THE CURRENT CALENDAR YEAR PURSUANT 19 TO SECTION TWO HUNDRED SEVENTY-ONE, TWO HUNDRED SEVENTY-TWO, TWO HUNDRED 20 SEVENTY-THREE, TWO HUNDRED SEVENTY-THREE-A, TWO HUNDRED EIGHTY-FOUR OR 21 TWO HUNDRED EIGHTY-FIVE OF THIS PART. 22 2. CALCULATION OF COST-OF-LIVING ADJUSTMENT. FOR THE YEAR COMMENCING 23 JANUARY FIRST, TWO THOUSAND THIRTEEN, AND ANNUALLY THEREAFTER, IN ADDI- 24 TION TO ANY OTHER APPORTIONMENTS PURSUANT TO THIS PART, EVERY LIBRARY, 25 LIBRARY SYSTEM AND OTHER ELIGIBLE INSTITUTION SHALL BE ELIGIBLE FOR AN 26 ADDITIONAL APPORTIONMENT EQUAL TO THE PRODUCT OF ITS TOTAL APPORTIONMENT EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01113-02-1 A. 8885 2 1 OF LIBRARY AID MULTIPLIED BY THE COST-OF-LIVING ADJUSTMENT FACTOR, WITH 2 THE RESULT ROUNDED TO THE NEAREST WHOLE DOLLAR. 3 S 2. This act shall take effect July 1, 2012; provided however, if 4 this act shall have become a law after such date it shall take effect 5 immediately and shall be deemed to have been in full force and effect on 6 and after July 1, 2012.