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.
STATE OF NEW YORK
________________________________________________________________________
4527
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
legislature
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.
LBD10621-01-9
