§ 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
separate form, bills and amendments to bills, except as otherwise
prescribed by such rules, which would substantially affect the revenues
or expenses, or both, of any political subdivision.

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 note are
inaccurate, such inaccuracies shall not affect, impair or invalidate
such bill.