The Committee on Finance proposes the following amendment (SR-933.KM0005S):

Amend the bill, as and if amended, SECTION 1, by striking Section 2-3-20(A) and inserting:

 (A) Beginning with the 127th General Assembly, Members members of the General Assembly shall annually receive as legislative compensation fifteen thousand dollars at a daily renumeration rate in accordance with Article III, Section 9 of the State constitution and for an in-district legislative service allowance of thirty two thousand five hundred dollars their services such sum as may be provided by lawforty-seven thousand five hundred dollars as adjusted pursuant to subsection (C). calculated at a daily renumeration rate in accordance with Article III, Section 9 of the State constitution and Members of the General Assembly shall also receive mileage at the rate provided for by law for the actual distance traveled in the most direct route going to and returning from their homes on weekend adjournments of the General Assembly at the place where the sessions of the General Assembly are held. The terms of this provision shall be subject to limitations imposed by the State Constitution.

Amend the bill further, SECTION 1, by striking Section 2-3-20(C) and inserting:

 (C) The legislative compensation and the in-district legislative service allowance provided for in subsection (A) shall be adjusted biennially after elections for the House of Representatives by an amount equal to the increase of the consumer price index using the chained methodology during the two previous years not to exceed five percent. The Revenue and Fiscal Affairs Authority shall calculate the biennial adjustment, publish it on its website, and transmit the amount of the adjustment to the Senate and the House of Representatives prior to the second Tuesday in January in the appropriate years.

Amend the bill further, by deleting SECTION 2 from the bill.

Renumber sections to conform.

Amend title to conform.