Bill Text: NY A08646 | 2015-2016 | General Assembly | Introduced

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Bill Title: Relates to banning or limiting outside income for legislative leaders and committee chairs.

Spectrum: Partisan Bill (Republican 6-0)

Status: (Introduced - Dead) 2016-06-15 - held for consideration in governmental operations [A08646 Detail]

Download: New_York-2015-A08646-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          8646
                               2015-2016 Regular Sessions
                   IN ASSEMBLY
                                     January 7, 2015
                                       ___________
        Introduced  by  M. of A. KOLB -- read once and referred to the Committee
          on Governmental Operations
        AN ACT to amend the legislative  law,  in  relation  to  prohibiting  or
          limiting outside income for legislative leaders and committee chairs
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. The legislative law is amended by adding a new section  5-b
     2  to read as follows:
     3    §  5-b.  Prohibition  on outside earned income for legislative leaders
     4  and committee chairpersons. 1. Starting in calendar  year  two  thousand
     5  seventeen, a member serving as temporary president of the senate, minor-
     6  ity  leader  of  the senate, speaker of the assembly, minority leader of
     7  the assembly, or other legislative coalition leader may not have outside
     8  earned income.
     9    2. Starting in calendar year two thousand seventeen, a member  serving
    10  as  chairperson of any senate or assembly committee may not have outside
    11  earned income in any calendar year which exceeds fifteen percent of  the
    12  gross annual salary of the office of governor.
    13    3.  a.  For  the  purposes  of  this section, the term "outside earned
    14  income" shall mean any wages, salaries, fees,  or  any  other  forms  of
    15  compensation paid, or to be paid, for services personally rendered.
    16    b.  For the purposes of this section, the term "outside earned income"
    17  does not include:
    18    (1) an individual's legislative salary, or any allowances or  benefits
    19  provided by law;
    20    (2) income from pensions and other continuing benefits attributable to
    21  previous employment or services;
    22    (3)  income  attributable  to  service  with  the military reserves or
    23  national guard;
    24    (4) income from investment activities, where the member's services are
    25  not a material factor in the production of income;
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13298-01-5