Bill > S03741

This bill modifies financial disclosure requirements for state and legislative officials, focusing primarily on how they report professional services and client information. The proposed changes update existing law to require more detailed reporting of services rendered by professionals like lawyers, real estate brokers, and those licensed by state departments. Specifically, the bill mandates that reporting individuals with income over $10,000 from professional services must disclose clients and matters where they've earned fees over $5,000, with some important exceptions for sensitive areas like medical services, family court matters, and legal representation involving minors. The bill also establishes a process for requesting exemptions from public disclosure of client names through the Commission on Ethics and Lobbying in Government or the Office of Court Administration, which will consider factors like potential harm to the client, trade secret protection, and privacy concerns. Additionally, the bill provides explicit guidelines for how to report different types of professional services, including consultations, representations, and referrals, while ensuring that disclosure does not constitute professional misconduct. The changes aim to increase transparency while protecting legitimate privacy interests of public officials and their clients.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S3741