Gov. Andrew Cuomo continues to link a legislative pay increase to reforming how state lawmakers earn outside income, but he questioned whether statewide elected officials would fall under the same requirement.

Cuomo on Monday was in Albany after formally unveiled a plan to create a panel studying legislative pay hikes as well as salary bumps for his commissioners.

But Cuomo said that any pay raise should come with capping outside pay for state lawmakers and force them to disclose more information as to how they are earning it.

“To me, that’s the most important point,” Cuomo said. “What hits the suspicion button for New Yorkers is your a legislator, you make $400,000 in a business, is the outside income in anyway connected to your position in the Legislature? The best way to answer that is to say this is where my outside income came from.”

The panel would consider a two-tiered pay structure for lawmakers. Those without outside income would earn more money than those who have private business on the side. At the same time, new limits would be imposed on how much money lawmakers earn.

State lawmakers currently make $79,500, but many earn more through both outside income and “lulus” — stipend pay for leadership posts.

“It’s about trust, trust is about giving people the information so their suspicion doesn’t run wild,” Cuomo said.

Cuomo, however, questioned whether that should also apply to statewide elected officials like himself, the state comptroller and attorney general.

“You have three statewide elected officials — what activity are they doing that you would like to see curtailed? I don’t think there is any activity,” Cuomo said.

When a reporter reminded him he earned money from his memoir released last year (at least $700,000, according a financial disclosure form) Cuomo said, “Yeah, that’s the exception.”

Cuomo added that he is not allowed to represent anyone in court, and he does not give paid speeches, something his father, former Gov. Mario Cuomo, once did.