A. Annual compensation of elective state officers shall be paid as follows:

governor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     $169,714 lieutenant governor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     144,714 secretary of state . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     144,714 state auditor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     144,714 state treasurer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     144,714 attorney general . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     154,714 commissioner of public lands . . . . . . . . . . . . . . . . . . . . . . . . . . . .     149,714.

B. Any person succeeding to the office of governor as provided in Article 5, section 7 of the constitution of New Mexico shall receive the salary of the office. Every person serving as acting governor during the incapacity or absence of the governor from the state, shall receive five hundred dollars ($500) as compensation for each day’s service as acting governor.

C. All compensation under this section shall be paid from the general fund, except that the amount paid to the commissioner of public lands shall be paid from the state lands maintenance fund.