S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    85
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by Sens. KRUEGER, LIU -- 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 the inclu-
   sion of certain information in fiscal notes in retirement bills and on
   bills affecting political subdivisions
 
   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. 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.
   § 2. 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, HAMLET,  special  district  [or],
 school  district,  COLLEGE,  UNIVERSITY OR ANY STATE AGENCY, DEPARTMENT,
 OFFICE, COMMISSION, BUREAU OR PUBLIC AUTHORITY. AS USED IN THIS SECTION,
 SPECIAL DISTRICT SHALL MEAN A DISTRICT POSSESSING THE POWER TO  CONTRACT
 INDEBTEDNESS  AND  LEVY OR REQUIRE THE TAXES OR BENEFIT ASSESSMENTS UPON
 REAL PROPERTY.
   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

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD00631-01-5
 S. 85                               2

 by  such  rules,]  PRIOR TO DISCHARGING A BILL which would substantially
 affect the revenues or expenses, or both, BY AT LEAST TWO HUNDRED  FIFTY
 THOUSAND DOLLARS, of any political subdivision, ALL STANDING LEGISLATIVE
 COMMITTEES  SHALL  PREPARE A FISCAL NOTE FOR EACH SUCH BILL. SUCH FISCAL
 NOTE SHALL BE INCLUDED IN SUCH BILL AND DETAIL THE FOLLOWING:
   (A) AN ESTIMATED COST OR SAVINGS TO THE STATE AND  AFFECTED  POLITICAL
 SUBDIVISION FOR THE FIVE  YEARS FOLLOWING ADOPTION OF SUCH BILL; AND
   (B)  THE  SOURCE  OF  THE  ESTIMATE DESCRIBED IN PARAGRAPH (A) OF THIS
 SUBDIVISION AND A STATEMENT IDENTIFYING ANY INDIVIDUAL  OR  ENTITY  THAT
 PROVIDED COMPENSATION TO THE SOURCE OF SUCH ESTIMATE, IF ANY.
   3.  THE  FISCAL  IMPACTS DESCRIBED IN SUCH FISCAL NOTES SHALL BE ESTI-
 MATED ON A BASIS OF ANY ONE OR MORE OF THE FOLLOWING:
   (A) INDIVIDUAL POLITICAL SUBDIVISIONS; OR
   (B) AGGREGATES OF POLITICAL SUBDIVISIONS (I) STATEWIDE  OR  BY  LESSER
 GEOGRAPHIC AREA, OR (II) BY CLASSIFICATION OR SUBCLASSIFICATION OR RELE-
 VANT CHARACTERISTICS; OR
   (C)  REPRESENTATIVE  POLITICAL  SUBDIVISIONS  WITH RELEVANT CHARACTER-
 ISTICS THEREOF QUANTITATIVELY SET FORTH E.G. POPULATION,  AREA,  WEIGHED
 AVERAGE DAILY ATTENDANCE OF PUPILS.
   4.  FISCAL NOTE MEASUREMENTS SHALL BE MADE IN UNITS OF MONEY, PERSONAL
 SERVICES, EQUIPMENT, OR ANY OTHER APPROPRIATE, CONVENIENT OR  ACCESSIBLE
 UNITS OF MEASUREMENT.
   5.  THE  SPONSOR  OF  SUCH  BILL OR THE CHAIR OR RANKING MEMBER OF ANY
 STANDING LEGISLATIVE COMMITTEE ARE AUTHORIZED  TO  PREPARE  SUCH  FISCAL
 NOTE  IN COLLABORATION WITH THE DIVISION OF THE BUDGET OR THE DEPARTMENT
 OR AGENCY OF STATE GOVERNMENT CHARGED WITH THE FISCAL DUTIES,  FUNCTIONS
 OR POWERS PROVIDED IN SUCH BILL.
   OFFICERS  OF  EXECUTIVE  BRANCH  ENTITIES  SHALL  PROCESS REQUESTS FOR
 ASSISTANCE IN PREPARING FISCAL NOTES ON A FIRST-COME, FIRST-SERVE BASIS,
 EXCEPT PRIORITY SHALL BE GIVEN TO PROCESSING REQUESTS FOR ASSISTANCE  IN
 PREPARING  FISCAL NOTES FROM THE CHAIRS OR RANKING MEMBERS OF THE SENATE
 FINANCE COMMITTEE OR ASSEMBLY WAYS AND MEANS COMMITTEE.
   [3.] 6. Fiscal notes shall not, however, be required  for  bills:  (a)
 subject to the provisions of section fifty of this [chapter] ARTICLE, 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.] 7. If the estimate or estimates contained in a  fiscal  note  are
 inaccurate,  such  inaccuracies  shall  not affect, impair or invalidate
 such bill.
   § 3. This act shall take effect on the ninetieth day  after  it  shall
 have become a law.