Bill > S05234

This bill requires members of the New York State Legislature and candidates for legislative positions to file their annual financial disclosure statements electronically in a readable, searchable, and downloadable format. Specifically, the legislation mandates that the Commission on Ethics and Lobbying in Government create and make available an editable, electronic version of these financial disclosure statements by January 1, 2026. Currently, legislators and candidates must file these statements with the Legislative Ethics Commission by May 15th, detailing their financial interests, including income sources, investments, positions held in other organizations, gifts received, and other financial details. The bill aims to increase transparency by ensuring these important financial disclosures are easily accessible in a digital format. While most of the bill's provisions will take effect immediately, the specific requirement for electronic filing will be implemented on January 1, 2027, giving state agencies time to prepare the necessary electronic systems.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S5234