Senator Persaud Introduces Senate Bill S10702
Originally published in
Statement by Jennifer Jones Austin on the Introduction of Legislation to Establish a True Cost of Living Measure for New York State
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Senator Persaud announced that she has introduced Senate Bill S10702, which will establish a statewide True Cost of Economic Security Study.
New York's current poverty measures are outdated and do not fully capture what families actually need to meet their basic needs and maintain economic stability. This legislation would provide a clearer picture of the true cost of living for households of different sizes and across communities throughout New York State.
By better understanding what it takes for New Yorkers to achieve economic security, policies can be developed that more accurately reflect the realities families are facing every day.