2021-01-22                     Senate Journal                      Page 0030
Additionally, the proposed amendment would change the budget                                                                    
reserve fund established in Article IX, Section 17 so that it can only be                                                       
used as a funding source, if the amount in the general fund for a given                                                         
year, is less than the appropriation limit. The budget reserve would be                                                         
available for no other purpose.                                                                                                 
                                                                                                                                
We must develop a stable and sustainable budget in order to assure                                                              
economic growth in our State. This amendment provides an important                                                              
tool for curbing unsustainable growth in government spending by                                                                 
indexing future appropriations to those made in prior fiscal years while                                                        
ensuring the State has a reserve balance to stabilize revenues during                                                           
years of unexpected decline.                                                                                                    
                                                                                                                                
This resolution is a simple but powerful way to structurally cap                                                                
government growth. I urge your prompt and favorable action on this                                                              
measure.                                                                                                                        
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Mike Dunleavy                                                                                                                   
Governor                                                                                                                        
                                                                                                                                
SJR 6                                                                                                                         
SENATE JOINT RESOLUTION NO. 6 BY THE SENATE RULES                                                                               
COMMITTEE BY REQUEST OF THE GOVERNOR,                                                                                           
                                                                                                                                
          Proposing amendments to the Constitution of the                                                                       
          State of Alaska relating to the Alaska permanent                                                                      
          fund, appropriations from the permanent fund, and                                                                     
          the permanent fund dividend.                                                                                          
                                                                                                                                
was read the first time and referred to the State Affairs, Judiciary and                                                        
Finance Committees.                                                                                                             
                                                                                                                                
The following fiscal information was published today:                                                                           
 Fiscal Note No. 1, zero, Office of the Governor