NSW politicians will have to open their diaries and declare the financial interests of spouses and dependants every month under a bill to be introduced by Labor.
The mooted laws come after twin Independent Commission Against Corruption (ICAC) investigations led two NSW ministers and a premier to resign, and forced another three Liberal MPs onto parliament's crossbenches.
Opposition leader John Robertson says the legislation he will unveil on Thursday will create a new standard for MPs.
"The public needs to look at the members of this parliament and know that each of us is here to serve the community, not ourselves," Mr Robertson said.
"In light of the continued revelations in ICAC, the people of NSW are understandably disillusioned ... the people of NSW deserve to know who their elected representatives are meeting with, and which interests may be influencing ministers."
Under the bill, all NSW MPs would have to declare their full taxable income, including investments, trusts and outside business interests, spouses' and dependants' pecuniary interests, and any state government contracts held by family members.
The bill also requires ministers to publish monthly online diaries of all meetings, phone conversations or other interactions with lobbyists, private companies or MPs relating to commercial transactions or decisions.
The bill's introduction will come as upper house MP Marie Ficarra prepares to give evidence in ICAC's cash-for-favours probe.
She is accused of soliciting a $5000 donation from property developer Tony Merhi, who is also expected to appear in the witness box.
Property developers have since 2009 been barred from making political donations in NSW.
Mr Robertson gave notice of the proposed legislation in March, before the latest ICAC probes kicked off.
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