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AK HJR6

Joint Resolution

Status

Introduced

2/20/2019

Primary Sponsor

Rules

Click for details

Origin

House of Representatives

31st Legislature

AI Summary

  • Amends Article IX, Section 15 of the Alaska Constitution to establish that a portion of permanent fund income shall be transferred annually for dividend payments to state residents as specified by law as it existed on January 1, 2019.

  • Requires voter approval for any future amendments to the permanent fund dividend program, including changes to dividend amounts and eligibility requirements, through a statewide election held more than 120 days after enactment.

  • Repeals any amendments to the dividend payment program enacted between January 1, 2019, and January 1, 2021, reverting to the law in place on January 1, 2019.

  • Provides that permanent fund income not transferred for dividends shall be deposited in the general fund unless otherwise provided by law.

  • Submits these constitutional amendments to Alaska voters at the next general election for approval.

Legislative Description

Const. Am.:permanent Fund & Dividend

Permanent Fund

Last Action

REFERRED TO STATE AFFAIRS

2/20/2019

Committee Referrals

State Affairs2/20/2019

Full Bill Text

No bill text available