2006 New York Code - Fiscal Impact Notes On Bills Affecting Political Subdivisions.

 
    § 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.