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Local law · Int 1497-2025

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

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.

Filed at end of sessionLatest action Dec 31, 2025

New York City Council

Sponsor

Lincoln Restler

Council Member, District 33 · Democratic

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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

Introduced at the request of the Mayor.

From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Sep 7, 2026. About our data

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Where it stands

The session ended before it was voted on. It was not defeated; it simply ran out of time, which is what happens to most legislation. It would have to be reintroduced.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted
Filed at end of session

Committee

Committee on Governmental Operations, State & Federal Legislation

Full history

  1. Dec 31, 2025

    Filed

    This Introduction was Filed (End of Session)

    NYC Council

  2. Dec 4, 2025

    Introduced

    This Introduction was Introduced by Council

    NYC Council

  3. Dec 4, 2025

    Referred to committee

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

    NYC Council