Lockstep (3.5e Spell)

''Now you can keep up with those unarmored long-legged humans. Being a slow gnome in full plate is suffering.''

Your base land speed is set to 30 ft (if it would otherwise be slower), regardless of penalties you would otherwise be under due to race or equipment. You are still affected by magical effects 2nd level and higher which reduce your speed (such as slow) and by difficult terrain.