Conflict of interest disclosures from executives of city-funded not-for-profit organizations.

A Local Law to amend the New York city charter, in relation to conflict of interest disclosures from executives of city-funded not-for-profit organizations.

This bill would require all persons in leadership positions at not-for-profit organizations that receive funding from the city to submit financial disclosures, including the material terms of any transaction, direct or indirect, between such person and any institution, any partnership of which such person is a member, or any corporation in which such person holds 10% or more of outstanding common stock.