Bill Text: NY S04527 | 2019-2020 | General Assembly | Introduced

Bill Title: Relates to establishing a cost of living adjustment for members of the legislature, which provides a mechanism for increasing or decreasing the member's allowance at the same rate as increases or decreases in the median household income.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2019-03-14 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S04527 Detail]

Download: New_York-2019-S04527-Introduced.html

                STATE OF NEW YORK
                               2019-2020 Regular Sessions
                    IN SENATE
                                     March 14, 2019
        Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
          printed to be committed to the Committee on Investigations and Govern-
          ment Operations
        AN ACT to amend the legislative law, in relation to creating a  cost  of
          living  adjustment  to  be  applied  to the salaries of members of the
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Section 5-a of the legislative law is amended by adding a
     2  new subdivision 4 to read as follows:
     3    4. Notwithstanding any other provisions of this  section,  as  of  the
     4  first  Wednesday  in  January  of the year two thousand twenty and every
     5  second year thereafter,  such  base  allowance  shall  be  increased  or
     6  decreased  at  the  same  rate  as  increases or decreases in the median
     7  household income for the state for the preceding  two  year  period,  as
     8  ascertained by the governor.
     9    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.