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AK HJR22
Joint Resolution
Status
Introduced
1/18/2022
Primary Sponsor
Grier Hopkins
Click for details
AI Summary
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Adds new Section 18 to Article IX of Alaska Constitution to establish annual distribution of unrestricted general fund surplus.
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Directs 50 percent of each year's unrestricted general fund surplus to dividend payments for eligible Alaska residents.
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Transfers remaining 50 percent of unrestricted general fund surplus to the budget reserve fund after dividend distributions.
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Repeals Article IX, Section 17(d) of the Alaska Constitution, effective for fiscal year ending June 30, 2024 and thereafter.
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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