CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY to amend section 1 of
Joint Rule I of the Permanent Joint Rules of the Senate and Assembly, in
relation to fiscal notes for bills mandating appropriation or expendi-
ture of moneys in any political subdivision

RESOLVED (if the &HOUSE concur), That section 1 of Joint Rule I of the
Permanent Joint Rules Of The Senate And Assembly be amended to read as
follows:
Section 1. Requirement of Fiscal Impact Notes. A. Fiscal impact notes
shall be required for all bills and amendments, other than those
excepted as provided in section four hereof, which would substantially
affect the revenues or expenses, or both, of any county, city, town,
village, school district or special district (hereinafter referred to as
"political subdivisions"). For purposes of this Joint Rule and section
51 of the Legislative Law, the term "special district" shall mean a
district possessing the power to contract indebtedness and levy or
require the levy of taxes or benefit assessments upon real property.
B. (I) NO BILL PROVIDING FOR AN INCREASE OR DECREASE IN REVENUES OR
MANDATING THE APPROPRIATION OR EXPENDITURE OF MONEYS IN ANY POLITICAL
SUBDIVISION SHALL BE REPORTED TO THE FLOOR OF EITHER HOUSE OF THE LEGIS-
LATURE FOR A VOTE UNLESS ACCOMPANIED BY A FISCAL NOTE. SUCH FISCAL NOTE
SHALL STATE, SO FAR AS POSSIBLE, THE AMOUNT IN DOLLARS OF ANY SUCH
INCREASE OR DECREASE IN REVENUES, OR OF ANY SUCH APPROPRIATION OR
EXPENDITURE REQUIRED BY ANY SUCH MANDATE, AS WELL AS THE ESTIMATE OF
FUTURE COSTS ARISING THEREFROM TO BE BORNE BY ANY POLITICAL SUBDIVISION.
SUCH FISCAL NOTE SHALL ALSO INCLUDE, BUT NOT BE LIMITED TO, THE FOLLOW-
ING ELEMENTS:
(1) A DESCRIPTION OF THE METHODOLOGY USED TO DERIVE THE AMOUNT IN
DOLLARS OF ANY SUCH INCREASE OR DECREASE IN REVENUES, OR OF ANY SUCH
APPROPRIATION OR EXPENDITURE REQUIRED BY ANY SUCH MANDATE, AS WELL AS
THE ESTIMATE OF FUTURE COSTS;
(2) A COST ESTIMATE OF ANY SUCH MANDATE FROM THE DIVISION OF THE BUDG-
ET OR THE DEPARTMENT OR AGENCY OF STATE GOVERNMENT CHARGED WITH THE
FISCAL DUTIES, FUNCTIONS OR POWERS PROVIDED IN SUCH BILL;
(3) A SUMMARY OF THE INPUT SOUGHT FOR THE NOTE FROM POLITICAL SUBDIVI-
SIONS;
(4) IN THE CASE OF MANDATED APPROPRIATIONS OR EXPENDITURES, A COST-BE-
NEFIT ANALYSIS OF THE MANDATE, AS WELL AS PROPOSED REVENUE SOURCES TO
FUND SUCH MANDATES.
(II) THE LEGISLATURE SHALL BY CONCURRENT RESOLUTION OF THE SENATE AND
ASSEMBLY PRESCRIBE RULES GOVERNING THE PROCEDURE FOR THE DEVELOPMENT OF
FISCAL NOTES TO ACCOMPANY, ON A SEPARATE FORM, BILLS AND AMENDMENTS TO
BILLS, AS REQUIRED BY SECTION 51 OF THE LEGISLATIVE LAW.