NY S06483

Requires state agencies to summarize public comments that include cost or benefit estimates differing significantly from those in the agency's regulatory impact statement, regulatory flexibility analysis, or rural area flexibility analysis

Mandates agencies distribute copies of comments with significantly different cost or benefit estimates alongside the assessment of public comment in the rule-making notice

Expands the "needs and benefits" section of regulatory impact statements to identify classes of persons or entities benefiting from rules, assess anticipated benefits with quantification where feasible, and include qualitative analysis where quantification is difficult

Expands the "costs" section to detail cost impacts on regulated persons, unregulated but significantly affected persons or entities, and government entities, including initial and continuing costs with quantification where feasible and qualitative analysis where appropriate

Takes effect September 1 following enactment and applies to any rule for which a notice of proposed rule making or emergency adoption is first prepared on or after that date