Section 1. Requirement of Fiscal Impact Notes. Fiscal impact notes
shall be required for all bills and amendments, other than those
excepted as provided in section four hereof, which would substantially
affect the revenues or expenses, or both, of any county, city, town,
village, school district or special district (hereinafter referred to as
"political subdivisions"). For purposes of this Joint Rule and section
51 of the Legislative Law, the term "special district" shall mean a
district possessing the power to contract indebtedness and levy or
require the levy of taxes or benefit assessments upon real property.