Section 1. (a) The governor shall receive a salary of $185,000 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.

(b) The governor shall receive $65,000 annually for expenses related to housing.

(c) The governor shall not receive earned income from any other source, but may receive unearned or passive income.