AK HJR16

Governor must submit a biennial budget covering the next two fiscal years during each odd-numbered fiscal year, replacing the current annual budget requirement.

Legislature shall pass a general appropriation bill to implement the state budget for a two-year period beginning with each even-numbered fiscal year.

Legislature may pass supplemental appropriation bills to amend or supplement the biennial budget at any time during the two-year period.

Legislature may limit the scope of each first regular session to consideration of the biennial state budget by law.

Amendments apply to state budgets for fiscal years 2022 and 2023 and thereafter, with the current annual budget process remaining in effect through fiscal year 2021; amendments must be approved by voters at the next general election.