The "Stop the Salary Spike Act of 2026" aims to amend the compensation structure for statewide elected officials in Oklahoma. It modifies the existing salary amounts for various officials, including the Governor, Lieutenant Governor, and Attorney General, among others, establishing specific annual salaries for each position. The bill also removes previous provisions that allowed the Statewide Official Compensation Commission to modify these salary amounts, effectively nullifying any actions taken by the Commission regarding salary adjustments prior to the act's effective date.

Additionally, the bill repeals several sections of the previous law that pertained to the Statewide Official Compensation Commission and its authority to alter salary amounts. By doing so, it seeks to ensure that the salaries outlined in the amended Section 250.4 remain unchanged unless future legislation is enacted. The act is set to take effect on November 1, 2026.

Statutes affected:
Introduced: 74-250.4