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AK HJR23
Joint Resolution
Status
4/28/2025
Primary Sponsor
Jubilee Underwood
Click for details
AI Summary
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Amends the Alaska Constitution to require the governor to submit a balanced budget where proposed expenditures do not exceed available fund balances, anticipated state revenue, and legally available permanent fund income
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Excludes the Constitutional Budget Reserve Fund (Article IX, Section 17) from the definition of "available fund balances" for balanced budget calculations
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Excludes permanent fund income that exceeds the amount authorized by law for appropriation from balanced budget calculations
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Applies to all gubernatorial budget submissions on or after January 1, 2027
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Requires voter approval at the next general election as a constitutional amendment
Legislative Description
Const. Am: Governor's Proposed Budget
Permanent Fund
Last Action
COSPONSOR(S): STORY
3/30/2026