Bill > S01956

This bill amends the New York State legislative law by adding a new requirement that any bill proposing expenditures or appropriations must include the estimated cost of those expenditures or appropriations directly within the body of the bill. Currently, bills may not always explicitly state their financial implications, which can make it difficult for legislators and the public to understand the immediate and long-term fiscal impact of proposed legislation. By mandating that cost estimates be included in the bill text itself, this legislation aims to increase transparency and help lawmakers and citizens more easily assess the potential financial consequences of proposed laws. The bill would take effect on the first day of January following its enactment, giving state legislative bodies time to adjust their bill drafting processes to comply with the new requirement.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S1956