Resolution to amend chapter II of the Rules of the Council, in relation to restricting approval of earning outside earned income to the Conflicts of Interest Board.

Text

Res. No. 1875 ..Title Resolution to amend chapter II of the Rules of the Council, in relation to restricting approval of earning outside earned income to the Conflicts of Interest Board. ..Body By Council Member Yeger 2.85. Outside Earned Income - Members may not receive outside earned income. Outside earned income means income other than the Council salary and benefits of a member, except that such term does not include (1) investment income, including but not limited to interest, dividends, rents, annuities and capital gains; (2) compensation for personal services actually rendered before the adoption of this rule or before such individual became a member; (3) income received from a pension or retirement account, or from social security; (4) copyright royalties received under usual and customary contractual terms; (5) compensation for speaking engagements or artistic performance, with advance approval by the conflicts of interest board; (6) income received for teaching a course of instruction at an established academic institution for which students receive credit, so long as such compensation does not exceed that normally received by others at the institution for a comparable type and amount of instruction; and (7) with advance approval by the [Office of General Counsel] Conflicts of Interest Board, minimal earned income from activity involving only a limited time commitment, and which does not interfere with the performance of official duties. Any income received by a member shall be subject to the requirements of chapter 68 of the charter. Until January 1, 2018, the provisions of this rule do not apply to any member who submits a letter to the Speaker no later than March 1, 2016 stating that such member has received outside income during the Council's 2014-2017 session and intends to continue to receive outside earned income. EG LS # 7727 12/14/18 1

Full text · NYC Council