A 718 New York Assembly · 2025 Regular Session

Relates to incorporating the cost of living adjustment into subsequent maximum state aid rates for providing care to foster children

This bill requires New York's Office of Children and Family Services to automatically include any annual cost-of-living adjustment (COLA) in the next base payment rate for foster care providers. It directly affects foster care providers - such as relatives, agencies, and family boarding homes - who receive state aid for caring for foster children. The key provision mandates that COLAs provided in a given year must be incorporated into the following year's base rate, added to any existing adjustments like trend factors or staff retention bonuses. This ensures foster care payments rise with inflation without needing separate legislative action each year.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025 Last action Jan 7, 2026