Proposing a constitutional amendment to create an education fund for public education in Alaska.

The bill proposes an amendment to the Alaska Constitution to establish an education fund. This fund would consist of land, money appropriated by the legislature, and income earned on the fund. The fund's money must be invested to yield competitive market rates. The amendment would allow the legislature to appropriate money from the fund solely for public education purposes. The proposed amendment will be presented to voters in the next general election.

Proposing a constitutional amendment to create an education fund for public education in Alaska.

The bill proposes an amendment to the Alaska Constitution to establish an education fund. This fund would consist of land, money appropriated by the legislature, and income earned on the fund. The fund's money must be invested to yield competitive market rates. The amendment would allow the legislature to appropriate money from the fund solely for public education purposes. The proposed amendment will be presented to voters in the next general election.