The District of Columbia Boards and Commissions Financial Reporting Emergency Amendment Act of 2025 aims to amend the Uniform College Athlete Name, Image, or Likeness Temporary Amendment Act of 2025 by clarifying the applicability date for expanded financial reporting requirements for certain boards and commissions. Specifically, the bill modifies Section 3 of the existing law to state that the financial reporting requirements will not apply before April 3, 2026.
This emergency legislation is designed to ensure that the financial reporting obligations are clearly defined and provide a specific timeline for implementation. The act will take effect upon approval by the Mayor and will remain in effect for no longer than 90 days, in accordance with the emergency provisions outlined in the District of Columbia Home Rule Act.