Proposing constitutional amendments to the Alaska Permanent Fund, including changes to fund investments and appropriations.

This resolution proposes amendments to the Alaska Constitution concerning the Alaska Permanent Fund. It mandates that at least 25% of mineral lease rentals, royalties, and federal mineral revenue sharing payments be placed in the fund. The fund's principal is to be used only for income-producing investments designated by law. The resolution also allows the legislature to appropriate up to 5% of the average fiscal year-end market value of the fund to the general fund each fiscal year.

Proposing constitutional amendments to the Alaska Permanent Fund, including changes to fund investments and appropriations.

This resolution proposes amendments to the Alaska Constitution concerning the Alaska Permanent Fund. It mandates that at least 25% of mineral lease rentals, royalties, and federal mineral revenue sharing payments be placed in the fund. The fund's principal is to be used only for income-producing investments designated by law. The resolution also allows the legislature to appropriate up to 5% of the average fiscal year-end market value of the fund to the general fund each fiscal year.