Plain English Breakdown
The official text states the act expires after 225 days of taking effect, but does not specify if this expiration date is fixed or depends on when approval occurs.
Temporary Change to Financial Reporting Rules for DC Boards
This law temporarily delays the start date of expanded financial reporting rules for certain District of Columbia boards and commissions until April 3, 2026.
What This Bill Does
- Amends section 5710.3 of Title 3 of the D.C. Municipal Regulations on a temporary basis.
- Sets a new start date so that expanded financial reporting requirements do not apply before April 3, 2026.
Who It Names or Affects
- Certain boards and commissions in the District of Columbia subject to expanded financial reporting requirements under section 5710.3.
Terms To Know
- District of Columbia Municipal Regulations
- The official set of rules for how government agencies operate in Washington, D.C., including Title 3 which covers boards and commissions.
- Temporary Amendment
- A change to a law that lasts only for a short time; this act expires automatically after 225 days of being effective.
Limits and Unknowns
- The text does not list the specific names of every board or commission affected.
- This change ends automatically after 225 days from when it takes effect, so it will no longer be in force later.