What's happening
This bill requires certain officials and candidates to file annual financial disclosure statements even if they served only part of the year or are no longer in office by the filing deadline.
Why it matters
Expands financial disclosure requirements to cover anyone who held a qualifying official or candidate role at any point during the year. even if they left the position before the typical filing deadline, closing a loophole that allowed partial-year officials to avoid disclosure.
Ensures greater accountability and transparency. by requiring disclosures from former officeholders and candidates, potentially revealing conflicts of interest that occurred while they were in office—even if they are no longer serving when statements are due.
Makes it harder for officials or candidates to evade scrutiny. by resigning or withdrawing before disclosure deadlines, which may deter unethical behavior during short stints in public service.
May increase administrative burdens. for individuals and agencies, as more people—including those no longer in office or employment—will need to track, complete, and process financial disclosure statements.
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Who cares
Statewide elected officials and legislators
The bill would apply annual financial disclosure filing requirements to those who served during any portion of the calendar year, even if they left office before the following May 15.
State officers, state employees and legislative employees
Leaving employment before the following May 15 would not remove filing requirements for a calendar year in which they served.
Candidates for statewide office or the legislature
The bill would apply filing requirements to anyone who was a candidate during any portion of the calendar year, even if no longer a candidate the following May 15.
Political party chairmen
The bill would apply filing requirements for any calendar year in which they served, regardless of whether they still held that role the following May 15.
Headline styles
Expand Disclosure Filing Rules
Plain English, a few words. Used as the page title.
Sponsors
1 Co-sponsor
History
- Referred to governmental operations
- Referred to governmental operations
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
6534
2019-2020 Regular Sessions
IN ASSEMBLY
March 11, 2019
Introduced by M. of A. GALEF, FINCH -- read once and referred to the Committee on Governmental Operations
AN ACT to amend the public officers law, in relation to filing requirements for the annual statement of financial disclosure
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision 2 of section 73-a of the public officers law is amended by adding a new paragraph (a-1) to read as follows:
(a-1) The provisions of paragraph (a) of this subdivision shall apply to every statewide elected official, state officer or employee, member of the legislature, legislative employee and political party chairman and every candidate for statewide elected office or for member of the legislature:
(i) who was such a statewide elected official, state officer or employee, member of the legislature, legislative employee, political party chairman or candidate for statewide elected office or for member of the legislature for any portion of the calendar year; and
(ii) whether or not such statewide elected official, state officer or employee, member of the legislature, legislative employee, political party chairman or candidate for statewide elected office or member of the legislature is in office, is employed, is a candidate or is otherwise serving in any such capacity on the fifteenth day of May following the year for which an annual statement of financial disclosure is required to be filed.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10574-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.