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Bill > A00463


NY A00463

NY A00463
Relates to the annual statement of financial disclosure and the posting of financial disclosure filings for candidates for statewide elected office or candidates for a member of the legislature.


summary

Introduced
01/08/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public officers law and the executive law, in relation to the annual statement of financial disclosure and the posting of financial disclosure filings for candidates for statewide elected office or candidates for a member of the legislature

AI Summary

This bill relates to expanding financial disclosure requirements for candidates for statewide elected office and members of the legislature. Specifically, the bill amends existing law to require the Commission on Ethics and Lobbying in Government to post annual financial disclosure statements for candidates for statewide office and legislative candidates on their website within 30 days of receipt, with the statements remaining publicly accessible for at least five years. The bill also updates the definition of "relative" to include domestic partners and makes several technical changes to the financial disclosure form, such as allowing individuals to use gender-neutral language like "their" instead of "his or her" and modifying reporting requirements for professional services and client disclosures. Additionally, the bill adds new provisions for reporting digital asset investments, requiring individuals to disclose the name and market value of distributed ledger or blockchain technology holdings. The changes aim to increase transparency in financial disclosures for public officials and candidates by making more information readily available to the public and standardizing reporting practices.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

referred to governmental operations (on 01/07/2026)

bill text


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