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CSHJR 9(STA): Proposing an amendment to the Constitution of the State of Alaska relating to an appropriation limit and a spending limit.

00 CS FOR HOUSE JOINT RESOLUTION NO. 9(STA) 01 Proposing an amendment to the Constitution of the State of Alaska relating to an 02 appropriation limit and a spending limit. 03 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. Article IX, sec. 16, Constitution of the State of Alaska, is repealed and 05 readopted to read: 06 Section 16. Appropriation and Spending Limit. (a) Appropriations made 07 for a fiscal year shall not exceed by more than two percent the amount appropriated 08 for the fiscal year two years preceding the fiscal year for which the appropriations are 09 made. This subsection does not apply to a reappropriation of money already 10 appropriated under an unobligated appropriation that is not void under Section 13 of 11 this article, or to 12 (1) an appropriation to the Alaska permanent fund; 13 (2) an appropriation of Alaska permanent fund income for payments of 14 permanent fund dividends to State residents; 15 (3) an appropriation to meet a state of disaster declared by the 16 governor as prescribed by law;

01 (4) an appropriation for the Alaska Railroad; 02 (5) an appropriation of State general obligation and revenue bond 03 proceeds; 04 (6) an appropriation required to pay obligations under general 05 obligation bonds, revenue bonds, and certificates of participation issued by the State; 06 (7) an appropriation of money received from the federal government; 07 (8) an appropriation of money for expenditure by a State agency to 08 provide services to another State agency that has also received an appropriation of the 09 same money; and 10 (9) an appropriation made under (b) of this section. 11 (b) An appropriation that exceeds the limit under (a) of this section may be 12 made for any public purpose upon affirmative vote of at least three-fourths of the 13 members of each house of the legislature. The total amount of appropriations under 14 this subsection made for a fiscal year may not exceed two percent of the amount 15 appropriated for the fiscal year two years preceding the fiscal year for which the 16 appropriations are made, excluding appropriations listed in (a)(1) - (9) of this section. 17 (c) If appropriations for a fiscal year exceed the amount that may be 18 appropriated under (a) and (b) of this section, the governor shall reduce expenditures 19 by line item veto to avoid spending more than the amount that may be appropriated 20 under (a) and (b) of this section. 21 * Sec. 2. The amendment proposed by this resolution shall be placed before the voters of 22 the state at the next general election in conformity with art. XIII, sec. 1, Constitution of the 23 State of Alaska, and the election laws of the state.