Fiscal Note
Fiscal Services Division
HF 2700 – Legislative Salaries (LSB6397HV)
Staff Contact: Adam Broich (515.281.8223) adam.broich@legis.iowa.gov
Fiscal Note Version – New
Description
House File 2700 increases the individual salaries of members of the General Assembly and
Executive Branch elected officials by $10,000. The Bill also applies an annual cost-of-living
adjustment based on the average of the cost-of-living adjustment received by the State Police
Officer Council Labor Union; the American Federation of State, County and Municipal
Employees; and Iowa United Professionals.
Pay increases for the General Assembly (Figure 1) are effective beginning in calendar year
2025 upon the convening of the 91st General Assembly in January 2025. Annual cost-of-living
adjustments will begin in calendar year 2026.
Figure 1 — Pay Changes for Members of the General Assembly
Current New
Position Salary Salary
Members $ 25,000 $ 35,000
Speakers of the House 37,000 47,000
Presiding Officer of the Senate 37,000 47,000
Majority Floor Leader 37,000 47,000
Minority Floor Leader 37,000 47,000
President Pro Tempore of the Senate 27,000 37,000
Speaker Pro Tempore of the Senate 27,000 37,000
Pay increases for Executive Branch elected officials (Figure 2) are effective on June 21, 2024
(first pay period of FY 2025). Annual cost-of-living adjustments for statewide elected officials
will begin in FY 2026.
Figure 2 — Pay Changes for Executive Branch Elected Officials
Current New
Position Salary Salary
Governor $ 130,000 $ 140,000
Lieutenant Governor 103,212 113,212
Secretary of State 103,212 113,212
Auditor of State 103,212 113,212
Treasurer of State 103,212 113,212
Secretary of Agriculture 103,212 113,212
Attorney General 123,669 133,669
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Background
Current salaries for members of the General Assembly and Executive Branch elected officials
were last modified in 2005 Iowa Acts, chapter 177 (Compensation for Public Employees and
Additional Provisions Act). Salaries of Executive Branch elected officials are currently funded
by appropriations made to specific departments.
Assumptions
Estimates utilize current benefits and assume all offices are occupied. Cost-of-living
adjustments that will increase salaries for future years are unknown, and no adjustments are
made to salaries for FY 2026.
Fiscal Impact
House File 2700 will increase costs by $979,000 in FY 2025 and by $1.9 million per year
beginning in FY 2026. For the General Assembly, costs will increase by $896,000 in FY 2025
and $1.8 million in FY 2026. For Executive Branch departments, costs will increase by $82,000
in FY 2025 and FY 2026.
Source
Legislative Services Agency calculations
/s/ Jennifer Acton
April 18, 2024
Doc ID 1449488
The fiscal note for this Bill was prepared pursuant to Joint Rule 17 and the Iowa Code. Data used in developing this
fiscal note is available from the Fiscal Services Division of the Legislative Services Agency upon request.
www.legis.iowa.gov
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Statutes affected: Introduced: 2.10, 9.5, 7.8