New York S 3741: Modifies the requirements for financial disclosures for certain state and legislative officials, officers and employees

Status: REFERRED TO GOVERNMENTAL OPERATIONS (as of 2026-05-06)

State: New York · Session: 2025-2026 · Bill: S 3741

Sponsors: Nathalia Fernandez

Bill Text

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S03741 Summary:

BILL NOS03741A

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SAME ASNo Same As

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SPONSORFERNANDEZ

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COSPNSR

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MLTSPNSR

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Amd §73-a, Pub Off L

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Modifies the requirements for financial disclosures for certain state and legislative officials, officers and employees.

Go to top S03741 Actions:

BILL NOS03741A

&nbsp

01/29/2025REFERRED TO ETHICS AND INTERNAL GOVERNANCE

04/08/2025AMEND AND RECOMMIT TO ETHICS AND INTERNAL GOVERNANCE

04/08/2025PRINT NUMBER 3741A

04/28/20251ST REPORT CAL.702

04/29/20252ND REPORT CAL.

04/30/2025ADVANCED TO THIRD READING 

05/15/2025PASSED SENATE

05/15/2025DELIVERED TO ASSEMBLY

05/15/2025referred to governmental operations

01/07/2026died in assembly

01/07/2026returned to senate

01/07/2026REFERRED TO ETHICS AND INTERNAL GOVERNANCE

04/28/20261ST REPORT CAL.825

04/29/20262ND REPORT CAL.

05/04/2026ADVANCED TO THIRD READING 

05/06/2026PASSED SENATE

05/06/2026DELIVERED TO ASSEMBLY

05/06/2026referred to governmental operations

Go to topS03741 Committee&nbspVotes:

Go to topS03741 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS03741 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3741--A

 2025-2026 Regular Sessions

 IN SENATE

 January 29, 2025
 ___________

 Introduced by Sen. FERNANDEZ -- read twice and ordered printed, and when
 printed to be committed to the Committee on Ethics and Internal Gover-
 nance -- committee discharged, bill amended, ordered reprinted as
 amended and recommitted to said committee

 AN ACT to amend the public officers law, in relation to required finan-
 cial disclosures for certain state and legislative officials, officers
 and employees

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Paragraph 8 of subdivision 3 of section 73-a of the public
 2 officers law, as amended by section 18 of part QQ of chapter 56 of the
 3 laws of 2022, subparagraphs (b), (b-2) and (c) as separately amended by
 4 section 8 of part QQ of chapter 56 of the laws of 2022, is amended to
 5 read as follows:
 6 8. (a) If the reporting individual practices law, is licensed by the
 7 department of state as a real estate broker or agent or practices a
 8 profession licensed by the department of education, or works as a member
 9 or employee of a firm required to register pursuant to section one-e of
 10 the legislative law as a lobbyist, describe the services rendered for
 11 which compensation was paid including a general description of the prin-
 12 cipal subject areas of matters undertaken by such individual and princi-
 13 pal duties performed. Specifically state whether the reporting individ-
 14 ual provides services directly to clients. Additionally, if such an
 15 individual practices with a firm or corporation and is a partner or
 16 shareholder of the firm or corporation, give a general description of
 17 principal subject areas of matters undertaken by such firm or corpo-
 18 ration.

 19 ____________________________________________________________________
 20 ____________________________________________________________________
 21 ____________________________________________________________________

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08228-02-5

 S. 3741--A 2

 1 ____________________________________________________________________
 2 ____________________________________________________________________

 3 (b) [APPLICABLE ONLY TO NEW CLIENTS OR CUSTOMERS FOR WHOM SERVICES ARE
 4 PROVIDED ON OR AFTER JULY FIRST, TWO THOUSAND TWELVE AND BEFORE DECEMBER
 5 THIRTY-FIRST, TWO THOUSAND FIFTEEN, OR FOR NEW MATTERS FOR EXISTING
 6 CLIENTS OR CUSTOMERS WITH RESPECT TO THOSE SERVICES THAT ARE PROVIDED ON
 7 OR AFTER JULY FIRST, TWO THOUSAND TWELVE AND BEFORE DECEMBER
 8 THIRTY-FIRST, TWO THOUSAND FIFTEEN:
 9 If the reporting individual personally provides services to any person
 10 or entity, or works as a member or employee of a partnership or corpo-
 11 ration that provides such services (referred to hereinafter as a
 12 "firm"), then identify each client or customer to whom the reporting
 13 individual personally provided services, or who was referred to the firm
 14 by the rep

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