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AK HJR22

Joint Resolution

Status

Introduced

1/18/2022

Primary Sponsor

Grier Hopkins

Click for details

Origin

House of Representatives

32nd Legislature

AI Summary

  • Adds new Section 18 to Article IX of Alaska Constitution to establish annual distribution of unrestricted general fund surplus.

  • Directs 50 percent of each year's unrestricted general fund surplus to dividend payments for eligible Alaska residents.

  • Transfers remaining 50 percent of unrestricted general fund surplus to the budget reserve fund after dividend distributions.

  • Repeals Article IX, Section 17(d) of the Alaska Constitution, effective for fiscal year ending June 30, 2024 and thereafter.

  • Submits proposed constitutional amendments to Alaska voters at the next general election.

Legislative Description

Const. Am: General Fund Surplus

Public Finance

Last Action

REFERRED TO STATE AFFAIRS

1/18/2022

Committee Referrals

State Affairs1/18/2022

Full Bill Text

No bill text available