Provides for the increase in the annual salary of members of the legislature, commencing on January 1, 2019, in an amount equal to the increase in the value of $79,500 based on the rate of inflation between January 1, 1999 and December 31, 2018.
STATE OF NEW YORK
________________________________________________________________________
1608
2017-2018 Regular Sessions
IN SENATE
January 10, 2017
___________
Introduced by Sen. PERALTA -- 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 compensation payable
to members of the state legislature
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 1 of section 5 of the legislative law, as
2 amended by chapter 635 of the laws of 1998, is amended to read as
3 follows:
4 1. Effective January first, [nineteen hundred ninety-nine] two thou-
5 sand nineteen, each member of the legislature shall receive [a] an annu-
6 al salary in an amount equal to the increase in the value of seventy-
7 nine thousand five hundred dollars [per annum] between January first,
8 nineteen hundred ninety-nine and December thirty-first, two thousand
9 eighteen, based on the rate of inflation established by the consumer
10 price index as calculated by the federal Department of Labor. Such
11 salary of a member of the legislature shall be payable in twenty-six
12 bi-weekly installments provided, however, that if legislative passage of
13 the budget as defined in subdivision three of this section has not
14 occurred prior to the first day of any fiscal year, the net amount of
15 any such bi-weekly salary installment payments to be paid on or after
16 such day shall be withheld and not paid until such legislative passage
17 of the budget has occurred whereupon bi-weekly salary installment
18 payments shall resume and an amount equal to the accrued, withheld and
19 unpaid installments shall be promptly paid to each member.
20 For purposes of this section, net amount shall mean gross salary minus
21 any or all of the following deductions: federal taxes, state taxes,
22 social security taxes, city taxes, payments on retirement loans, retire-
23 ment contributions, contributions to health insurance or other group
24 insurance programs, child support and court ordered payments.
25 § 2. This act shall take effect January 1, 2019.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD07436-01-7