Baroness Smith of Basildon

That: (1) The Resolution of 27 March 2024 relating to the House of Lords allowance is amended as follows with effect from 1 June 2025. (2) For paragraph 4 substitute—“(4) The maximum daily amount payable to a Member should be £125.” (3) For paragraph (7) substitute—“(7) In relation to the year beginning with 1 April 2026, and each subsequent year beginning with 1 April— (a) any formula or mechanism included in the IPSA determination for the year as a result of section 4A(4) of the Parliamentary Standards Act 2009 (adjustment of MPs’ salaries) should be treated as applying for the purposes of adjusting for that year the amount of the allowance payable to a Member of this House, and (b) accordingly, the amount of the allowance payable to a Member in respect of a day of attendance in that year should be— (i) the amount obtained by applying the formula or mechanism to the amount payable by way of allowance (under paragraph 4 or this paragraph) in the previous year, or (ii) where no formula or mechanism is included in the determination, the same amount payable by way of allowance (under paragraph 4 or this paragraph) in the previous year.” (4) In respect of a day of attendance before 1 June 2025, the Resolution of 27 March 2024 relating to the House of Lords allowance continues to have effect without the amendments made by this Resolution.