The resolution SCR1020 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 U.S. Consumer Price Index. The adjusted salary would take effect on January 1 of each year, ensuring that the compensation reflects changes in the cost of living. The resolution also outlines the process for the Commission on Salaries for Elective State Officers to recommend salary adjustments, which must be certified and submitted to voters for approval during the next general election.

Additionally, the resolution emphasizes that the salaries of state legislators can only be altered through the established procedures, while other elective state officers' salaries may be set by law. The proposed amendment aims to ensure that legislative salaries remain fair and relevant over time, while also requiring voter input for any changes. If the amendment is approved, it will take effect upon proclamation by the Governor.