State police officer compensation.

Provides an annual salary increase for Indiana state police employees (peace officers), motor carrier inspectors, and capitol police officers. Provides that the increases are equal to 50% of the average annual salary percentage increase received by those state employees of the executive branch who are under a salary plan that is substantially similar to the salary matrix adopted by the state police board (board) for peace officers, motor carrier inspectors, and capitol police officers, respectively. However, provides that peace officers, motor carrier inspectors, and capitol police officers are not entitled to annual salary increases in a year in which those state employees of the executive branch who are under substantially similar salary plans did not receive increases. Requires the budget director to make the determination of those state employees of the executive branch who are under substantially similar salary plans and the average percentage amount of any salary increase those employees received, if any. Makes a technical correction.