00CS FOR HOUSE JOINT RESOLUTION NO. 49(FIN)                                                                               
01 Proposing amendments to the Constitution of the State of Alaska creating a                                              
02 highway fund and a marine 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  Article IX, sec. 7, Constitution of the State of Alaska, is repealed and readopted                     
05 to read:                                                                                                                
06  SECTION 7.  DEDICATED FUNDS.  The proceeds of any State tax or license                                                
07 shall not be dedicated to any special purpose.  This provision shall not prohibit the                                   
08 continuance of any dedication for special purposes existing on April 24, 1956, and shall                                
09 not prohibit the dedication of revenue under Sections 15, 18, or 19 of this article, or                                 
10 when required by the federal government for State participation in federal programs.                                    
11    * Sec. 2.  Article IX, Constitution of the State of Alaska, is amended by adding new sections                        
12 to read:                                                                                                                
13  SECTION 18.  HIGHWAY FUND.  (a)  The revenue received after June 30,                                                  
14 1997, from State taxes on fuel used for the propulsion of motor vehicles designed for and                               

01 ordinarily used on highways or roads, less refunds, credits, and the costs of collection                                
02 of that tax as provided by law, shall be placed in a highway fund.  Except as provided                                  
03 in (d) of this section, the legislature may appropriate money from the fund only for the                                
04 maintenance costs of roads and highways used for vehicular travel that are maintained                                   
05 by 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 of                                        
09 the highway fund balance.  The income earned from the management and investment of                                      
10 the fund shall be deposited into the fund.                                                                              
11  (d)  An appropriation from the highway fund for a public purpose other than one                                       
12 described in (a) of this section may be made upon an affirmative vote of four-fifths of                                 
13 the members of each house of the legislature.                                                                           
14  SECTION 19.  MARINE HIGHWAY FUND.  (a)  The gross revenue received                                                    
15 by the State after June 30, 1997, from the operation of the vessels of a marine highway                                 
16 system and the use of marine highway system facilities, less refunds and credits as                                     
17 provided by law, shall be placed in a marine highway fund.  Except as provided in (c)                                   
18 of this section, the legislature may appropriate money from the fund only for the                                       
19 expenses incurred by the State for operating and maintaining the vessels and facilities                                 
20 of the marine highway system.                                                                                           
21  (b)  The legislature shall provide by law for the management and investment of                                        
22 the marine highway fund balance.  The income earned from the management and                                             
23 investment of the fund shall be deposited into the fund.                                                                
24  (c)  An appropriation from the marine highway fund for a public purpose other                                         
25 than one described in (a) of this section may be made upon an affirmative vote of four-                                 
26 fifths of the members of each house of the legislature.                                                                 
27    * Sec. 3.  The amendments proposed by this resolution shall be placed before the voters of                           
28 the state at the next general election in conformity with art. XIII, sec. 1, Constitution of the State                  
29 of Alaska, and the election laws of the state.