00HOUSE JOINT RESOLUTION NO. 49                                                                                           
01 Proposing amendments to the Constitution of the State of Alaska creating a                                              
02 highway fund.                                                                                                           
03 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
04    * Section 1.  Article IX, sec. 7, Constitution of the State of Alaska, is amended to read:                           
05  SECTION 7.  DEDICATED FUNDS.  The proceeds of any State [STATE] tax                                                 
06 or license shall not be dedicated to any special purpose, except as provided in Section                                 
07 15 and Section 18 of this article or when required by the federal government for State                              
08 [STATE] participation in federal programs.  This provision shall not prohibit the                                       
09 continuance of any dedication for special purposes existing on April 24, 1956 [UPON                                   
10 THE DATE OF RATIFICATION OF THIS SECTION BY THE  PEOPLE OF                                                              
11 ALASKA].                                                                                                                
12    * Sec. 2.  Article IX, Constitution of the State of Alaska, is amended by adding a new                               
13 section to read:                                                                                                        
14  SECTION 18.  HIGHWAY FUND.  (a)  The revenue received after June 30,                                                  

01 1997, from State taxes on fuel used for the propulsion of motor vehicles, less refunds,                                 
02 credits, and the costs of collection of that tax as provided by law, shall be placed in                                 
03 a highway fund.  Except as provided in (d) of this section, the legislature may                                         
04 appropriate money from the fund only for the maintenance of roads and highways by                                       
05 the State or a local government.                                                                                        
06  (b)  This section does not apply to revenue received from taxes that the State                                        
07 collects on behalf of a local government.                                                                               
08  (c)  The legislature shall provide by law for the management and investment                                           
09 of the fund balance.  The income earned from the management and investment of the                                       
10 fund shall be deposited into the fund.                                                                                  
11  (d)  An appropriation from the fund for a public purpose other than one                                               
12 described in (a) of this section may be made upon an affirmative vote of three-fifths                                   
13 of the members of each house of the legislature.                                                                        
14    * Sec. 3.  The amendments proposed by this resolution shall be placed before the voters of                           
15 the state at the next general election in conformity with art. XIII, sec. 1, Constitution of the                        
16 State of Alaska, and the election laws of the state.