00 HOUSE BILL NO. 107                                                                                                    
01 "An Act authorizing an advisory vote on whether appropriations of income from                                           
02 the permanent fund should be restricted; and providing for an effective date."                                          
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
04    * Section 1.  At a special election to be held on September 14, 1999, in substantial                               
05 compliance with the election laws of the state, the lieutenant governor shall place before the                          
06 qualified voters of the state a question advisory to the legislature and the governor on whether                        
07 appropriations from the income of the permanent fund (art. IX, sec. 15, Constitution of the                             
08 State of Alaska) should be restricted to the following uses:  (1) inflation proofing the principal                      
09 of the permanent fund; (2) paying permanent fund dividends to state residents; and (3) funding                          
10 education, including primary and secondary grades and the University of Alaska.  The                                    
11 question shall appear on the ballot in the following form:                                                              
12 Q U E S T I O N                                                                                                         
13 Shall appropriations of income from the permanent fund (art. IX, sec. 15,                                              
14 Constitution of the State of Alaska) be restricted to the following uses:  (1)                                          
01 inflation proofing the principal of the permanent fund; (2) paying permanent                                            
02 fund dividends to state residents; and (3) funding education, including primary                                         
03 and secondary grades and the University of Alaska?                                                                      
04 Yes  [   ]                                     No  [   ]                                                                
05    * Sec. 2.  This Act takes effect immediately under AS 01.10.070(c).