New York S04092 proposes a cost of living adjustment for legislators, adjusting their allowances based on changes in median household income.

New York S04092 amends the legislative law to establish a cost of living adjustment for members of the legislature. This adjustment will increase or decrease the member's allowance in line with changes in the median household income for the state, as determined by the governor. The adjustment will take effect starting from the first Wednesday in January of 2026 and will apply every second year thereafter. This bill aims to ensure that legislators' salaries reflect the economic conditions of the state.

New York S04092 proposes a cost of living adjustment for legislators, adjusting their allowances based on changes in median household income.

New York S04092 amends the legislative law to establish a cost of living adjustment for members of the legislature. This adjustment will increase or decrease the member's allowance in line with changes in the median household income for the state, as determined by the governor. The adjustment will take effect starting from the first Wednesday in January of 2026 and will apply every second year thereafter. This bill aims to ensure that legislators' salaries reflect the economic conditions of the state.