ARIZONA HOUSE OF REPRESENTATIVES Fifty-sixth Legislature Second Regular Session
	Senate: FICO DP 4-2-1-0 | 3^rd Read 16-9-5-0

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SCR 1010: property tax exemption; virtual currency

S/E: legislators; inflation; adjustment

Sponsor: Senator Rogers, LD 7

Committee on Appropriations

Summary of the Strike-Everything Amendment to SCR 1010

Overview

Subject to voter approval, amends the Constitution to adjust the salaries of state legislators for inflation.

History

The Arizona Constitution outlines the procedures for altering the salaries of elected state officials, including state legislators. Specifically, changes to legislative salaries are recommended by the Commission on Salaries for Elective State Officers and must be approved by the voters at the next general election. If the voters approve the salary adjustment, the salaries take effect at the start of the next regular legislative session (Ariz. Const., Art. V, § 20).

The latest voter-approved legislative salary was set at $24,000 by 1998's Proposition 302 (Official General Election Canvass), effective in January 1999. The Consumer Price Index, which is published by the United States Bureau of Labor Statistics and measures inflation, has increased by 88% between January 1999 and January 2024 (Federal Reserve Bank of St. Louis).

Provisions

1. Adjusts the salary of state legislators for inflation or deflation, according to the Bureau of Labor Statistics' Consumer Price Index, from the most recent voter-approved legislative salary. (Sec. 1)

2. Specifies that that salary adjustment is to occur on the second Monday in January of each year. (Sec. 1)

3. Directs the Secretary of State to submit this measure to the voters as a proposition at the next general election. (Sec. 2)

4. Makes technical and conforming changes. (Sec. 1)

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8.                   SCR 1010

9. Initials AF           Page 0 Appropriations

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