AK SJR24

Establishes an earnings reserve account as a separate account within the Alaska Permanent Fund to receive and hold all fund income.

Requires 50 percent of income available for distribution (calculated as 21 percent of the fund's net income from the last five fiscal years) to be transferred annually for permanent fund dividend payments to state residents.

Allows remaining money in the earnings reserve account after dividend transfers to be appropriated for any public purpose.

Suspends the amendments if the Internal Revenue Service determines the permanent fund is subject to federal taxation, reverting to pre-2010 law during the suspension period.

Repeals the amendments permanently 180 days after a final federal court judgment determining the fund is subject to federal taxation.

Requires voter approval at the next general election.