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NY A05090
Bill
Status
2/12/2025
Primary Sponsor
Michaelle Solages
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AI Summary
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Prohibits statewide elected officials, state officers/employees, legislators, legislative employees, and political party chairs from receiving compensation for legal services, consulting, or other contractual services from state or local authorities if they directly contract with the authority or own/control 10% or more of a contracted corporation, firm, or association
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Extends the prohibition to political party chairs in counties within cities of one million or more population (New York City), barring them from compensation for services from state or local authorities under the same ownership/control thresholds
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Bars municipal officers and employees from receiving compensation for legal fees, consulting, or other services from state or local authorities if they directly contract with the authority or hold 10% or more ownership interest in contracted entities
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Requires consultants providing services to applicants or beneficiaries of industrial development agency financial assistance to submit disclosure statements to the agency and Authorities Budget Office, including service descriptions, compensation amounts, and copies of agreements
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Mandates public posting of consultant disclosure statements on agency and Authorities Budget Office websites, with failure to file resulting in potential disqualification from future agency projects for up to two years
Legislative Description
Prohibits certain persons from receiving compensation for legal fees, consulting, or other work performed for an industrial development agency, an economic assistance corporation or state or local authority; relates to consultant disclosure requirements.
Last Action
referred to governmental operations
1/7/2026