ELECTED OFFICIALS/COMP: (Constitutional Amendment) Creates a compensation commission to provide for the salary and other compensation of elected officials and provides for an automatic adjustment at the beginning of each new term of office based upon increase in the consumer price index (OR SEE FISC NOTE GF EX)

This bill proposes creating an independent Compensation Commission within the legislative auditor's office to set and adjust salaries for statewide elected officials (like governors, legislators, and public service commissioners) whose pay is currently set by statute. The commission would review salaries annually, establish rates based on its evaluation, and automatically adjust them each term using the Consumer Price Index (CPI) to match inflation. Salary changes would take effect only at the start of the next elected term, not immediately after approval. This replaces current processes where salary increases could take effect sooner, aiming to tie compensation to inflation while requiring voter approval for the constitutional change.