Reporting on non-depository city financial services.
Introduced
Moved
Reached a final decision
Introduced Feb 8, 2024
Official status: Filed (End of Session)
Derived from the official record below.
Officially: “A Local Law to amend the administrative code of the city of New York, in relation to the reporting on non-depository city financial services” Read the full text
Finance
What it does
This bill would require the Director of Management and Budget to issue to the Speaker of the Council, and to post on the Office of Management and Budget’s (OMB) website, quarterly reports on the City’s use of non-depository financial institutions for the immediately-preceding quarter, starting no later than January 31, 2025. Such reports would detail the fees and returns for a wide variety of financial services, including money market accounts and bond issues, but excluding pension investments.
Summary written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.
Where it is
Introduced by Council · Feb 8, 2024
Referred to Comm by Council · Feb 8, 2024
Filed (End of Session) · Dec 31, 2025
Official documents
Summary of Int. No. 66
officialInt. No. 66
officialFebruary 8, 2024 - Stated Meeting Agenda
officialHearing Transcript - Stated Meeting 2-8-24
officialMinutes of the Stated Meeting - February 8, 2024
officialStraight from the Council record: fiscal impact statements, committee reports, and hearing transcripts as filed.
The numbers
17
sponsors on the bill
Sponsors
Keith PowersLincoln RestlerAlthea V. StevensErik D. BottcherJulie WonChristopher MarteShahana K. HanifPierina Ana SanchezShekar KrishnanNantasha M. WilliamsSandy NurseCrystal HudsonGale A. BrewerCarmen N. De La RosaJustin L. BrannanAlexa AvilésSelvena N. Brooks-Powers
Who is lobbying on this
From 2 City Clerk eLobbyist filings naming this bill (2024). Filings are self-reported by lobbying firms and show who is paid to influence this bill. They do not say which side, or whether it worked.
Every fact on this page links to its source, starting with the official bill record. Last action: Filed (End of Session) (Dec 31, 2025).