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Local law · Int 0398-2026

The annual disclosure of financial interests by certain officers and employees of the city

New York City Council

Latest action Aug 18, 2026

Sponsor: Lincoln Restler (Council Member, District 33, Democratic)

Official titleShow

A Local Law to amend the administrative code of the city of New York, in relation to the annual disclosure of financial interests by certain officers and employees of the city

The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.

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From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Sep 23, 2026. About our data

Summary

This bill would amend the annual disclosure law to affect the bands a New York City officer, employee, candidate for office, or political party official selects when disclosing anything with a monetary value or amount. There are currently seven bands one may choose from when it comes to disclosure. The bill would set these bands to $1000 to $5000, $5000 to $64,000, $64,000 to $150,000, $150,000 to $250,000, $250,000 to $500,000, $500,000 to $1,000,000, and any amount over $1,000,000. While the bill may have an effect on which band an officer or employer discloses in, it does not affect the number of people who must disclose, nor does it affect which people must disclose.

Summary from NYC Council (Legistar). How we handle summaries

Where it stands

Became law without the Mayor's signature.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Committee on Governmental Operations, State & Federal Legislation

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Recorded votes

  • Vote: Approved by Council

    NYC CouncilJul 16, 2026Result: passed

    (49) (0) (0) (2)
  • Vote: Approved by Committee

    Committee on Governmental Operations, State & Federal LegislationJul 16, 2026Result: passed

    (6) (0) (1) (0)

Full history

  1. Aug 18, 2026

    Adopted

    This Introduction was City Charter Rule Adopted

    Administration

  2. Aug 18, 2026

    Returned unsigned by the Mayor

    This Introduction was Returned Unsigned by Mayor

    NYC Council

  3. Jul 20, 2026

    Sent to the executive

    This Introduction was Sent to Mayor by Council

    NYC Council

  4. Jul 16, 2026

    Passed a chamber

    A motion was made that this Introduction be Approved by Council approved by consent Roll Call.

    NYC Council

  5. Jul 16, 2026

    Committee vote

    This Introduction was Approved by Committee

    Committee on Governmental Operations, State & Federal Legislation

Show full history (3 earlier events)
  1. Jul 16, 2026

    Hearing held

    This Introduction was Hearing Held by Committee

    Committee on Governmental Operations, State & Federal Legislation

  2. Jan 29, 2026

    Introduced

    This Introduction was Introduced by Council

    NYC Council

  3. Jan 29, 2026

    Referred to committee

    This Introduction was Referred to Comm by Council to the Committee on Governmental Operations, State & Federal Legislation

    NYC Council

Read the record