1. Except as otherwise provided in this section, a former Legislator shall not receive compensation or other consideration to act as a lobbyist for the period beginning on the date on which the former Legislator leaves office as a member of the Legislature and ending on the date of final adjournment of the next regular session during which the former Legislator is not a member of the Legislature.
2. The provisions of this section do not apply to a former Legislator if:
(a) The former Legislator is required, as part of his or her full-time employment, to act as a lobbyist for his or her employer;
(b) The former Legislator does not act as a lobbyist for any other employer, client or client of his or her employer; and
(c) The primary duties of the employment of the former Legislator include significant duties other than acting as a lobbyist.
3. As used in this section, “consideration” means a gift, salary, payment, distribution, loan, advance or deposit of money or anything of value and includes, without limitation, a contract, promise or agreement, whether or not legally enforceable.