Amends Alaska Constitution to set appropriation limits and conditions for exceeding those limits.
The bill proposes amendments to the Alaska Constitution to establish a limit on appropriations, reserving at least one-third for capital projects and loan appropriations. Exceptions to this limit include appropriations for the Alaska Permanent Fund, capital projects, and disaster relief, provided certain conditions are met. The bill also specifies that the limit applies to fiscal years starting from June 30, 2028, onward.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.