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Bill

A 718

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

2025 Regular Session Introduced by Marianne Buttenschon and 4 co-sponsors

Requires cost-of-living adjustments be included in future maximum state aid rates for foster care, keeping provider reimbursements aligned with inflation.

REFERRED TO CHILDREN AND FAMILIES
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Bill Summary · A 718

Summary of Assembly Bill A 718

Overview

  • Bill Number: A 718
  • Title: Relates to incorporating the cost of living adjustment into subsequent maximum state aid rates for providing care to foster children
  • Status: Referred to the Committee on Children and Families
  • Introduced: January 8, 2025
  • Classification: Bill

Purpose and Intent

A 718 seeks to ensure that the state aid rates paid to providers for fostering children reflect changes in the cost of living. By incorporating a cost of living adjustment (COLA) into future maximum state aid rates, the bill aims to maintain the real value of reimbursements to foster care providers over time.

Key Provisions (as implied by title)

  • Require that COLA be included in subsequent maximum state aid rates for providing care to foster children.
  • Apply the COLA-based adjustment to future rate determinations rather than only existing rates.

Note: The exact methodology for calculating the COLA (e.g., which index is used, how often adjustments occur) would be specified in the bill’s text. The summary reflects the bill’s stated objective to align rates with cost-of-living changes.

Who Is Affected

  • Foster care providers and entities that receive state aid through maximum reimbursement rates for caring for foster children.
  • Potentially the state department or agencies responsible for setting and administering foster care rates (e.g., the agency overseeing foster care funding and rate negotiations).

Procedural and Timeline Aspects

  • The bill has been introduced and referred to the Committee on Children and Families (no further actions listed in the provided material).
  • Legislative history highlights:
    • Primary sponsor: Andrew Hevesi
    • Co-sponsors: Jo Anne Simon, Marianne Buttenschon, Karines Reyes, Jen Lunsford
    • Related bill noted: A 10647 (prior-session), suggesting a companion or precedent measure.

Related Legislation

  • A 10647 (prior-session) referenced as related, indicating there may be prior attempts to address COLA or rate adjustments for foster care funding.

Potential Fiscal and Policy Implications

  • If enacted, the state would adjust future maximum state aid rates for foster care to reflect inflation, likely increasing annual outlays for foster care programs.
  • Depending on the COLA methodology, there could be recurring budgetary requirements, annual updates, and potential impacts on procurement or rate-setting processes.

Notes

  • The full text would specify the exact COLA calculation method and the timing of adjustments.
  • As of the provided information, the bill is in the early stage of the legislative process.

Compiled from official sources — confirm details with the bill’s official record.

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