Bill Text: NY S02908 | 2023-2024 | General Assembly | Introduced
Bill Title: Requires detailed fiscal impact notes on certain legislation stating the estimated annual cost to the political subdivision affected and the source of such estimate; provides that bills will be invalidated if the funding source is not provided or the fiscal impact results in an annual net additional cost in excess of $10,000.
Spectrum: Partisan Bill (Republican 8-0)
Status: (Introduced) 2024-01-03 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S02908 Detail]
Download: New_York-2023-S02908-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 2908 2023-2024 Regular Sessions IN SENATE January 25, 2023 ___________ Introduced by Sens. MURRAY, BORRELLO, PALUMBO, WALCZYK -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government 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: 1 Section 1. Section 51 of the legislative law, as added by chapter 985 2 of the laws of 1983, is amended to read as follows: 3 § 51. Fiscal impact notes on bills affecting political subdivisions. 4 1. For the purpose of this section, the term "political subdivision" 5 means any county, city, town, village, special district or school 6 district. 7 2. [The legislature shall by concurrent resolution of the senate and8assembly prescribe rules requiring fiscal notes to accompany, on a sepa-9rate form, bills and amendments to bills, except as otherwise prescribed10by such rules, which] A bill that would [substantially] affect the 11 revenues or expenses, or both, of any political subdivision shall 12 contain a detailed fiscal impact note stating the estimated annual cost 13 to the political subdivision affected and the source of such estimate. 14 The fiscal impact note must clearly identify the funding source of such 15 annual cost to the political subdivision. An omission of such funding 16 source in the fiscal impact note, shall invalidate such bill. 17 3. Fiscal notes shall not, however, be required for bills: (a) subject 18 to the provisions of section fifty of this chapter, or (b) accompanied 19 by special home rule requests submitted by political subdivisions, or 20 (c) which provide discretionary authority to political subdivisions, or 21 (d) submitted pursuant to section twenty-four of the state finance law. 22 4. If the estimate or estimates contained in a fiscal impact note are 23 inaccurate and result in an annual net additional cost to any political 24 subdivision in excess of ten thousand dollars or an aggregate annual net EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD06320-01-3S. 2908 2 1 additional cost to all political subdivisions within the state in excess 2 of one million dollars, such inaccuracies shall [not affect, impair or] 3 invalidate such bill. 4 § 2. This act shall take effect immediately.