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