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NY S03741
Bill
Status
5/15/2025
Primary Sponsor
Nathalia Fernandez
Click for details
AI Summary
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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
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Removes outdated transitional provisions that applied to different time periods (2012-2015 vs. post-2015), creating a single unified disclosure framework going forward
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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
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Mandates disclosure of clients paying over $5,000 for services, including description of services actually provided and category of payment amount
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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