Bill > B26-0519

This bill temporarily amends Section 5710.3 of the District of Columbia Municipal Regulations to delay the applicability of expanded financial reporting requirements for certain boards and commissions until April 3, 2026. The legislation is a temporary amendment, meaning it will automatically expire 225 days after taking effect, which is typical for bills that make short-term adjustments to existing regulations. The bill follows standard legislative procedures by requiring approval from the Mayor and a 30-day congressional review period, as mandated by the District of Columbia Home Rule Act. While the specific details of the expanded financial reporting requirements are not provided in the bill text, the delay suggests that boards and commissions may need additional time to prepare or implement these new reporting standards. The bill also includes a fiscal impact statement adopted from the Budget Director, indicating that the amendment has been reviewed for its potential financial implications.

https://lims.dccouncil.gov/Legislation/B26-0519