This bill proposes a temporary increase in the cost-of-living adjustment for elected county officers and justices of the peace in Arkansas. Specifically, it stipulates that on January 1, 2024, a one-time ten percent (10%) cost-of-living adjustment will replace the standard three percent (3%) annual adjustment that is typically applied to the minimum and maximum salaries and per diems of these officials.
The bill outlines that this adjustment will apply to both elected county officers and justices of the peace, ensuring that their compensation reflects the increased cost of living. The new legal language inserted into the current law specifies the details of this adjustment, emphasizing the temporary nature of this increase.