A bill to provide that the rate of pay for Members of Congress shall be the rates in effect on September 30, 1976, until such time as they are fixed otherwise by law, and to provide that the pay for certain executive, legislative, and judicial offices and positions may not be increased until a comprehensive code of public conduct has been enacted.

Amends the Legislative Reorganization Act of 1946 and the Federal Salary Act of 1967 to set the salaries of Members of Congress and the Vice President at the rate in effect for such offices on September 30, 1976, until otherwise provided by law. Removes consideration of the salaries of the Vice President, Members of Congress and the Resident Commissioner from Puerto Rico from the jurisdiction of the Commission on Executive, Legislative, and Judicial Salaries. States that the salaries of persons in positions subject to the jurisdiction of the Commission on the day before the enactment of this Act may not have their salaries raised after the enactment of this Act until the President determines that there are in effect codes of conduct applicable to all such persons which require financial disclosure, restrict income earned outside the Government, remove actual or potential conflicts of interest, and increase individual accountability for official expenses.