New York S 85: Requires the inclusion of certain information in fiscal notes in retirement bills and on bills affecting political subdivisions

Bill Text

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S00085 Summary:

BILL NOS00085 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORKRUEGER

&nbsp

COSPNSRLIU

&nbsp

MLTSPNSR

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Amd §§50 & 51, Leg L

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Requires the inclusion of certain information in fiscal notes in retirement bills and on bills affecting political subdivisions; provides that fiscal note measurements shall be made in units of money, personal services, equipment, or any appropriate, convenient or accessible units and measurement.

Go to top S00085 Actions:

BILL NOS00085 

&nbsp

01/08/2025REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

01/07/2026REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Go to topS00085 Committee&nbspVotes:

Go to topS00085 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS00085 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 85

 2025-2026 Regular Sessions

 IN SENATE

 (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:

 1 Section 1. Section 50 of the legislative law, as added by chapter 503
 2 of the laws of 1971, is amended to read as follows:
 3 § 50. Fiscal note in retirement bills. A bill which enacts or amends
 4 any provision of law relating to a retirement system or plan of the
 5 state of New York or of any of its political subdivisions shall contain
 6 a fiscal note stating the estimated annual cost to the employer affected
 7 and the source of such estimate, and a statement identifying the indi-
 8 vidual or entity that provided compensation to the source of such esti-
 9 mate, if any.
 10 § 2. Section 51 of the legislative law, as added by chapter 985 of the
 11 laws of 1983, is amended to read as follows:
 12 § 51. Fiscal impact notes on bills affecting political subdivisions.
 13 1. For the purpose of this section, the term "political subdivision"
 14 means any county, city, town, village, hamlet, special district [or],
 15 school district, college, university or any state agency, department,
 16 office, commission, bureau or public authority. As used in this section,
 17 special district shall mean a district possessing the power to contract
 18 indebtedness and levy or require the taxes or benefit assessments upon
 19 real property.
 20 2. [The legislature shall by concurrent resolution of the senate and
 21 assembly prescribe rules requiring fiscal notes to accompany, on a sepa-
 22 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

 1 by such rules,] Prior to discharging a bill which would substantially
 2 affect the revenues or expenses, or both, by at least two hundred fifty
 3 thousand dollars, of any political subdivision, all standing legislative
 4 committees shall prepare a fiscal note for each such bill. Such fiscal
 5 note shall be included in such bill and detail the following:
 6 (a) an estimated cost or savings to the state and affected political
 7 subdivision for the five years following adoption of such bill; and
 8 (b) the source of the estimate described in paragraph (a) of this
 9 subdivision and a statement identifying any individual or entity that
 10 provided compensation to the source of such estimate, if any.
 11 3. The fiscal impacts described in such fiscal notes shall be esti-
 12 mated on a basis of any one or more of the following:
 13 (a) individual political subdivisions; or
 14 (b) aggregates of political subdivisions (i) statewide or by lesser
 15 geographic area, or (ii) by classification or subclassification or rele-
 16 vant characteristics; or
 17 (c) representative political subdivisions with relevant character-
 18 istics thereof quantitatively set forth e.g. population, area, weighed
 19 average daily attendance of pupils.
 20 4. Fiscal note measurements shall be