Relates to obligations of members of economic development entities

This bill requires members of New York's economic development entities (like state-created groups managing public funds) to follow the same ethics and disclosure rules as state officials. Specifically, it mandates annual financial disclosures for all members, requires public access to funding proposals (with limited redactions for exempt information), and applies existing state ethics laws to these entities. It directly affects individuals serving on such entities, including those handling state or federal funds. The law takes effect immediately, with a 30-day grace period for current members to file 2024 disclosures.