S T A T E O F N E W Y O R K
________________________________________________________________________
6882
2009-2010 Regular Sessions
I N A S S E M B L Y
March 13, 2009
___________
Introduced by M. of A. GABRYSZAK -- read once and referred to the
Committee on Governmental Operations
AN ACT to amend the legislative law, in relation to individuals who
provide fiscal impact statements to the legislature
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 50 of the legislative law, as added by chapter 503
of the laws of 1971, is amended to read as follows:
S 50. Fiscal note in retirement bills. A bill which enacts or amends
any provision of law relating to a retirement system or plan of the
state of New York or of any of its political subdivisions shall contain
a fiscal note stating the estimated annual cost to the employer affected
[and], the source of such estimate AND A STATEMENT IDENTIFYING THE INDI-
VIDUAL OR ENTITY THAT PROVIDED COMPENSATION TO THE SOURCE OF SUCH ESTI-
MATE, IF ANY.
S 2. Section 51 of the legislative law is amended by adding a new
subdivision 5 to read as follows:
5. FISCAL NOTES SHALL STATE THE ESTIMATED ANNUAL COST TO THE POLITICAL
SUBDIVISION, THE SOURCE OF SUCH ESTIMATE, AND A STATEMENT IDENTIFYING
THE INDIVIDUAL OR ENTITY THAT PROVIDED COMPENSATION TO THE SOURCE OF
SUCH ESTIMATE, IF ANY.
S 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07938-01-9