Schedule 2A: Interests in Business Entities

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Under § 7-22 of the Ethics Law, filers are required to disclose interests in business entities, whether or not the entity does business with or is regulated by the City.  Answer the question below to determine if Schedule 2A applies to you. 

During the reporting period covered by this statement, did any of the following have an interest in any business entity (e.g., corporation, partnership, limited liability company, or any other business entity)?

  • Yourself;
  • A family member (if you directly or indirectly controlled that family member's interest); or
  • An entity in which you have an attributable interest?

If you answered "yes" to the question above, disclose each qualifying interest in Schedule 2A. You will need to submit a separate "Add New Business Entity" entry for each interest. Watch the tutorial video below to guide you through the schedule:

Note:  Employment alone does not count as an interest for purposes of this Schedule.  You disclose other sources of earned income in Schedule 7.

Also, you do not need to disclose interests in insurance policies, certain pension or profit-sharing plans, or publicly-traded mutual funds, among other exceptions.  Review the definition of "interest" in the dictionary above for full details.  

In each "Add New Business Entity" entry, you will disclose the following information: 

1. Identity of Business Entity.  Give the name and address of the business.  If the business's address is the same as your Principal Residence, check the box.  The address will automatically fill and that address will be hidden from members of the public who view your statement.   

2. Identity of the Person who Holds an Interest in this Business Entity. State the name of the person who holds an interest in the business, including yourself.  Note: You need only list the interests of your spouse, parent, child, or sibling if you directly or indirectly control that family member's interest.   

3. Nature of Amount of Interest in this Business Entity.  Indicate the type of business, if you know, and the type of interest held in that business.  For an "equity interest in a publicly-traded company" (e.g., stock or other ownership), give the dollar amount of the interest or the number of shares.  For an "equity interest in a non-publicly traded entity" (e.g., stock or other ownership of a private company), give the dollar amount of the interest or the number of shares and the percentage of ownership.  For a "non-equity" interest (e.g., notes or bonds), give the value of the interest in dollars. 

4.  Any Conditions or Encumbrances on the Interest in this Business Entity.  Indicate where there are any conditions or encumbrances on the interest in the business entity.  For example, is your ownership interest in the business entity used as collateral to secure a loan?   

5.  How the Interest in This Business Entity was Acquired.  Only if the interest in this business entity was acquired during the reporting period (and subject to the exception listed in this part of the Schedule), state the name and address of the person or entity from whom the interest was acquired, the date it was acquired, whether it was acquired by purchase or some other means (e.g., gift or inheritance), and the amount paid or fair market value at the time of acquisition. 

6. Sale or other Transfer of the Interest in this Business Entity. Only if all or part of the interest in this business entity was sold or otherwise transferred during the reporting period, state the name and address of the person or entity to whom the interest was sold/transferred, the nature of the interest sold/transferred (e.g., equity/ownership interest), the amount of the interest that was sold/transferred (e.g., 50%), the nature of the consideration received for the sale/transfer (e.g., money), and the dollar value/amount of the consideration received for the sale/transfer (e.g., $1,000).