Establishes the legislative office of fiscal transparency to review fiscal notes on proposed rules and executive orders affecting political.

The bill creates the legislative office of fiscal transparency within the New York State legislature. This office will review fiscal notes on proposed rules and executive orders that impact political subdivisions, ensuring full disclosure of costs and funding sources. It mandates that rules with a fiscal impact exceeding five million dollars be submitted to the office for review before being sent to the relevant legislative committees for approval.

Establishes the legislative office of fiscal transparency to review fiscal notes on proposed rules and executive orders affecting political.

The bill creates the legislative office of fiscal transparency within the New York State legislature. This office will review fiscal notes on proposed rules and executive orders that impact political subdivisions, ensuring full disclosure of costs and funding sources. It mandates that rules with a fiscal impact exceeding five million dollars be submitted to the office for review before being sent to the relevant legislative committees for approval.