S T A T E O F N E W Y O R K
________________________________________________________________________
5330
2023-2024 Regular Sessions
I N A S S E M B L Y
March 7, 2023
___________
Introduced by M. of A. FLOOD -- read once and referred to the Committee
on Governmental Operations
AN ACT to amend the legislative law, in relation to requiring detailed
fiscal impact notes on certain legislation
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 51 of the legislative law, as added by chapter 985
of the laws of 1983, is amended to read as follows:
§ 51. Fiscal impact notes on bills affecting political subdivisions.
1. For the purpose of this section, the term "political subdivision"
means any county, city, town, village, special district or school
district.
2. [The legislature shall by concurrent resolution of the senate and
assembly prescribe rules requiring fiscal notes to accompany, on a sepa-
rate form, bills and amendments to bills, except as otherwise prescribed
by such rules, which] A BILL THAT would [substantially] affect the
revenues or expenses, or both, of any political subdivision SHALL
CONTAIN A DETAILED FISCAL IMPACT NOTE STATING THE ESTIMATED ANNUAL COST
TO THE POLITICAL SUBDIVISION AFFECTED AND THE SOURCE OF SUCH ESTIMATE.
THE FISCAL IMPACT NOTE MUST CLEARLY IDENTIFY THE FUNDING SOURCE OF SUCH
ANNUAL COST TO THE POLITICAL SUBDIVISION. AN OMISSION OF SUCH FUNDING
SOURCE IN THE FISCAL IMPACT NOTE, SHALL INVALIDATE SUCH BILL.
3. Fiscal notes shall not, however, be required for bills: (a) subject
to the provisions of section fifty of this chapter, or (b) accompanied
by special home rule requests submitted by political subdivisions, or
(c) which provide discretionary authority to political subdivisions, or
(d) submitted pursuant to section twenty-four of the state finance law.
4. If the estimate or estimates contained in a fiscal IMPACT note are
inaccurate AND RESULT IN AN ANNUAL NET ADDITIONAL COST TO ANY POLITICAL
SUBDIVISION IN EXCESS OF TEN THOUSAND DOLLARS OR AN AGGREGATE ANNUAL NET
ADDITIONAL COST TO ALL POLITICAL SUBDIVISIONS WITHIN THE STATE IN EXCESS
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06320-01-3
A. 5330 2
OF ONE MILLION DOLLARS, such inaccuracies shall [not affect, impair or]
invalidate such bill.
§ 2. This act shall take effect immediately.