A bill to provide that adjustments in rates of pay for Members of Congress may take effect only after approval by the Congress and not earlier than the beginning of the Congress next following the Congress in which such adjustments are approved.

Amends the Federal Salary Act of 1967 to make the recommendations of the President with respect to the rates of pay for Members of Congress effective only upon specific approval by a concurrent resolution adopted by both Houses of Congress. Specifies that such adjustments shall take effect at the beginning of the first session of the Congress following such approval.

Amends the Legislative Reorganization Act of 1946 to require that cost of living pay adjustments for Members of Congress be approved by a concurrent resolution adopted by both Houses, and take effect at the beginning of the first session of the following Congress.