§ 1

The state auditor shall receive a salary of $165,000 and an additional amount to be adjusted biennially to reflect the aggregate quarterly change in salaries and wages in the commonwealth for the most recent 8 quarters as determined by the Bureau of Economic Analysis in the United States Department of Commerce. The state auditor shall give to the state treasurer a bond for the faithful performance of the state auditor's official duties in a penal sum and with sureties approved by the governor and council.\n(b) The state auditor shall not receive earned income from any other source but may receive unearned or passive income.