This bill proposes significant salary increases for members of the Iowa General Assembly and statewide elected officials, along with provisions for annual cost-of-living adjustments. For members of the General Assembly, the annual salary will increase from $25,000 to $45,000, with additional monthly allowances rising from $300 to $450. The salaries for leadership positions, such as the speaker of the house and presiding officer of the senate, will also see substantial increases, with the speaker's salary rising from $37,500 to $67,500 and the president pro tempore's salary increasing from $27,000 to $49,000. These changes will take effect upon the convening of the 92nd General Assembly in January 2027.

In addition to legislative salaries, the bill codifies and raises the salaries of statewide elected officials. The governor's salary will increase by $100,000 to $230,000, while the lieutenant governor's salary will rise by $36,788 to $140,000. Other officials, including the secretary of state, auditor of state, treasurer of state, and secretary of agriculture, will see their salaries increase by $76,788 to $180,000, and the attorney general's salary will rise by $86,331 to $210,000. Similar to the legislative salaries, these positions will also receive annual cost-of-living adjustments based on the adjustments for executive branch noncontract state employees, effective from July 1, 2027, through June 30, 2042. The entire bill is set to take effect on January 1, 2027.

Statutes affected:
Introduced: 2.10, 9.5, 7.8