HJR 23: Proposing an amendment to the Constitution of the State of Alaska relating to the facility maintenance fund.
00 HOUSE JOINT RESOLUTION NO. 23 01 Proposing an amendment to the Constitution of the State of Alaska relating to the 02 facility maintenance fund. 03 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. Article IX, Constitution of the State of Alaska, is amended by adding a new 05 section to read: 06 Section 18. Facility Maintenance Fund. (a) The facility maintenance fund is 07 established as a separate fund in the State treasury. Section 7 of this article does not 08 apply to appropriations made to the fund or appropriations made from the fund. 09 Appropriations may be made to the principal of the fund. Money in the fund shall be 10 invested so as to yield income to the fund. 11 (b) Appropriations may not be made from the principal of the facility 12 maintenance fund. Appropriations may only be made from the income of the fund for 13 maintenance and upgrades of buildings, roads, and other facilities of the State, its 14 agencies, public corporations, school districts, or other entities, including the 15 University of Alaska, or of a city or borough of the state, its agencies, public 16 corporations, or other entities. Appropriations of income may not be made for
01 construction of new facilities. 02 * Sec. 2. The amendment proposed by this resolution shall be placed before the voters of the 03 state at the next general election in conformity with art. XIII, sec. 1, Constitution of the State 04 of Alaska, and the election laws of the state.