Loading chat...

NY S03741

Bill

Status

Engrossed

5/15/2025

Primary Sponsor

Nathalia Fernandez

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Amends Public Officers Law section 73-a to streamline and consolidate financial disclosure requirements for state and legislative officials who practice law, work as real estate brokers, or are licensed professionals

  • Removes outdated transitional provisions that applied to different time periods (2012-2015 vs. post-2015), creating a single unified disclosure framework going forward

  • Requires reporting individuals earning income from covered employment to disclose clients paying over $10,000 in fees for services connected to state contracts of $10,000+, state grants of $10,000+, legislative grants, or non-ministerial matters before state agencies

  • Mandates disclosure of clients paying over $5,000 for services, including description of services actually provided and category of payment amount

  • Requires identification of registered lobbyists who referred clients generating fees over $5,000, including the client name, lobbyist name, compensation category, and general description of the matter

Legislative Description

Modifies the requirements for financial disclosures for certain state and legislative officials, officers and employees.

Last Action

REFERRED TO ETHICS AND INTERNAL GOVERNANCE

1/7/2026

Committee Referrals

Ethics and Internal Governance1/7/2026
Governmental Operations5/15/2025
Ethics and Internal Governance1/29/2025

Full Bill Text

No bill text available