AK SJR4

Requires voter approval in a statewide election for any law establishing a new state tax or increasing an existing state tax rate, with the election held more than 120 days after enactment.

Exempts tax laws from the standard 90-day effective date requirement, allowing them to take effect on January 1 of the following fiscal year if approved by voters or on an alternative date set by two-thirds legislative vote.

Allows the legislature to reject citizen-initiated tax laws within the first 60 days of the next regular session by majority vote in joint session; rejected initiated laws do not take effect.

Modifies the initiative process so that voter-enacted tax measures take effect January 1 of the following fiscal year rather than the standard 90 days after certification.

Requires these constitutional amendments to be placed before Alaska voters at the next general election for approval.