Ted Loza is accused bribes from an FBI informant in exchange for promoting certain taxi legislation.
Loza was arrested last month and charged with bribery. He pleaded not guilty.
At a Friday hearing, the assistant U.S. attorney mentioned the offer. The Post reported Loza's attorney said he would not comment before reviewing the offer, but the attorney told NBC4 Loza is rejecting the offer and standing by his not guilty plea.
A trial date of March 30 was set.
Published at 8:50 PM EDT on Oct 16, 2009 | Updated at 6:48 PM EDT on Oct 19, 2009