The resolution SCR1003 proposes an amendment to the Arizona Constitution regarding the compensation of state legislators. If approved by voters, it would allow for the annual adjustment of legislators' salaries based on inflation or deflation, as measured by the Consumer Price Index, starting from the year the salary was last approved. The adjusted salary would take effect on January 1 of each year and would be based on the most recent salary approved by voters. Additionally, the resolution outlines the establishment of a Commission on Salaries for Elective State Officers, which would recommend salary rates for elected officials, including legislative salaries, to the Governor and the legislature.

The resolution emphasizes that any changes to legislative salaries must be approved by voters and submitted by the Secretary of State at the next general election. It also includes provisions for technical changes and clarifications regarding the process of salary adjustments. The proposed amendment aims to ensure that legislative compensation keeps pace with economic changes, thereby maintaining the financial viability of public service roles in Arizona.