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AK HJR23

Joint Resolution

Status

Introduced

4/28/2025

Primary Sponsor

Jubilee Underwood

Click for details

Origin

House of Representatives

34th Legislature

AI Summary

  • 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

  • Excludes the Constitutional Budget Reserve Fund (Article IX, Section 17) from the definition of "available fund balances" for balanced budget calculations

  • Excludes permanent fund income that exceeds the amount authorized by law for appropriation from balanced budget calculations

  • Applies to all gubernatorial budget submissions on or after January 1, 2027

  • 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

Committee Referrals

Finance3/23/2026
State Affairs4/28/2025

Full Bill Text

No bill text available