NY S02151

Requires the Department of Environmental Conservation to prepare economic impact statements before adopting any rule or regulation affecting the commercial fishing industry, including analysis of affected businesses, compliance costs, probable economic effects, and less costly alternatives.

Mandates the department review all existing commercial fishing rules within two years of enactment to determine whether they should be continued, amended, or rescinded to minimize economic impact.

Requires biennial reviews of all fishing rules adopted after this law's effective date to ensure they minimize economic impact on the commercial fishing industry while achieving stated objectives.

Directs the department to consider the need for rules, complaints from the fishing industry, rule complexity, and changes in economic conditions when reviewing regulations for economic impact minimization.

Takes effect immediately upon enactment.