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The Comptroller’s annual salary shall be:

(1) $165,000 for the first year of the term beginning January 2023;

(2) $170,000 starting on the first anniversary of the beginning of the term;

(3) $173,000 starting on the second anniversary of the beginning of the term; and

(4) $175,000 starting on the third anniversary of the beginning of the term and thereafter.