The invention discloses a preparation method of a catalysis material containing ZSM-5/Y type composite molecular sieve, which comprises the following steps: (1) mixing the solid waste with silicon source and aluminum source, then pulping to ensure the mixture to be stabilized and uniform and the components of the mixture as follows: 2.5-8wt% of Na2O, 25-65wt% of SiO2 and 18-55wt% of Al2O3; (2) drying the material obtained in step (1), then roasting at the temperature of 600-1,100 DEG C for 0.5-4hours; (3) exchanging ions of the material obtained in step (2) with sodium salt, acid or ammonium salt to remove harmful ions contained in waste residue; and (4) adding silicon source, acid and guiding agent into materials of step (3), crystallizing at the temperature of 90-120 DEG C for 8-48 hours to prepare the catalysis material containing the Y type molecular sieve; and (5) cooling the catalysis material containing the Y type molecular sieve prepared in step (3), then adding template agent and regulating the PH value of between 9.5 and 11.5, crystallizing the mixture at the temperature of 140-180 DEG C for 8-36 hours to obtain the catalysis material containing the ZSM-5/Y type composite molecular sieve. Compared with the prior art, the method provided by the invention can effectively eliminates the adverse effect of harmful metallic ions in waste residue, thereby improving the catalysis property of catalysis materials.