Senate Bill S5639A

2017-2018 Legislative Session

Relates to fiscal notes on retirement bills

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2017-S5639 - Details

Current Committee:
Senate Investigations And Government Operations
Law Section:
Legislative Law
Laws Affected:
Amd §50, Leg L

2017-S5639 - Summary

Provides that a retirement system or plan of the state shall have fifteen days upon request to provide a fiscal note required for a retirement bill.

2017-S5639 - Sponsor Memo

2017-S5639 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5639
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                              April 24, 2017
                                ___________
 
 Introduced  by  Sen.  GOLDEN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Investigations and Govern-
   ment Operations
 
 AN ACT to amend the legislative law, in  relation  to  fiscal  notes  on
   retirement bills
 
   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:
   § 50. Fiscal  note  in  retirement  bills.  1.  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.
   2.  NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, A RETIREMENT
 SYSTEM OR PLAN OF THE STATE OF NEW YORK  OR  OF  ANY  OF  ITS  POLITICAL
 SUBDIVISIONS  THAT RECEIVES A REQUEST FOR A FISCAL NOTE THAT IS REQUIRED
 TO BE CONTAINED IN A BILL PURSUANT TO THIS SECTION SHALL HAVE TEN  BUSI-
 NESS DAYS TO PROVIDE THE FISCAL NOTE TO THE REQUESTER.
   3. ANY RETIREMENT SYSTEM OR PLAN OF THE STATE OF NEW YORK OR OF ANY OF
 ITS  POLITICAL  SUBDIVISIONS  THAT FAILS TO TIMELY PROVIDE A FISCAL NOTE
 REQUESTED PURSUANT TO SUBDIVISION TWO OF THIS SECTION SHALL BE  REQUIRED
 TO REIMBURSE THE COST OF OBTAINING A FISCAL NOTE FROM AN OUTSIDE SOURCE.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11127-01-7



              

co-Sponsors

2017-S5639A (ACTIVE) - Details

Current Committee:
Senate Investigations And Government Operations
Law Section:
Legislative Law
Laws Affected:
Amd §50, Leg L

2017-S5639A (ACTIVE) - Summary

Provides that a retirement system or plan of the state shall have fifteen days upon request to provide a fiscal note required for a retirement bill.

2017-S5639A (ACTIVE) - Sponsor Memo

2017-S5639A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5639--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                              April 24, 2017
                                ___________
 
 Introduced  by  Sen.  GOLDEN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Investigations and Govern-
   ment  Operations  --  committee  discharged,  bill  amended,   ordered
   reprinted as amended and recommitted to said committee
 
 AN  ACT  to  amend  the  legislative law, in relation to fiscal notes on
   retirement bills
 
   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:
   § 50. Fiscal note in retirement bills.  1.  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.
   2. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, A  RETIREMENT
 SYSTEM  OR  PLAN  OF  THE  STATE  OF NEW YORK OR OF ANY OF ITS POLITICAL
 SUBDIVISIONS THAT RECEIVES A REQUEST FOR A FISCAL NOTE THAT IS  REQUIRED
 TO  BE  CONTAINED  IN A BILL PURSUANT TO THIS SECTION SHALL HAVE FIFTEEN
 BUSINESS DAYS TO PROVIDE THE FISCAL NOTE TO THE REQUESTER.
   3. ANY RETIREMENT SYSTEM OR PLAN OF THE STATE OF NEW YORK OR OF ANY OF
 ITS POLITICAL SUBDIVISIONS THAT FAILS TO TIMELY PROVIDE  A  FISCAL  NOTE
 REQUESTED  PURSUANT TO SUBDIVISION TWO OF THIS SECTION SHALL BE REQUIRED
 TO REIMBURSE THE COST OF OBTAINING A FISCAL NOTE FROM AN OUTSIDE SOURCE.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11127-02-7



              

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