Alaska SB36 modifies appropriation limits and budget responsibilities of the governor.

Alaska SB36 amends appropriation limits by excluding certain funds from the calculation, such as revenue bonds and disaster relief appropriations. It also mandates the governor to submit a report detailing appropriations in relation to the new appropriation limit. The bill is contingent on a constitutional amendment changing the appropriation limit to 12% of the state's average real gross domestic product over the previous five years. The bill takes effect July 1, 2025.

Alaska SB36 modifies appropriation limits and budget responsibilities of the governor.

Alaska SB36 amends appropriation limits by excluding certain funds from the calculation, such as revenue bonds and disaster relief appropriations. It also mandates the governor to submit a report detailing appropriations in relation to the new appropriation limit. The bill is contingent on a constitutional amendment changing the appropriation limit to 12% of the state's average real gross domestic product over the previous five years. The bill takes effect July 1, 2025.