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SJR 3: Proposing amendments to the Constitution of the State of Alaska relating to an appropriation limit and a spending limit.

00 SENATE JOINT RESOLUTION NO. 3 01 Proposing amendments 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 Article IX, sec. 16, Constitution of the State of Alaska, is repealed and 05 readopted to read: 06 Section 16.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 four 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 an appropriation 10 (1) to the Alaska permanent fund; 11 (2) of Alaska permanent fund income for payments of permanent fund 12 dividends to State residents; 13 (3) to meet a state of disaster declared by the governor as prescribed by 14 law; 15 (4) for the Alaska Railroad; 16 (5) of State general obligation and revenue bond proceeds;

01 (6) required to pay obligations under general obligation bonds, revenue 02 bonds, and certificates of participation issued by the State; 03 (7) of money received from the federal government; 04 (8) of money for expenditure by a State agency to provide services to 05 another State agency that has also received an appropriation of the same money; and 06 (9) made under (b) or (c) of this section. 07 (b) An appropriation that exceeds the limit under (a) of this section may be 08 made for any public purpose upon affirmative vote of at least two-thirds of the 09 members of each house of the legislature. The total amount of appropriations under 10 this subsection made for a fiscal year may not exceed two percent of the amount 11 appropriated for the fiscal year two years preceding the fiscal year for which the 12 appropriations are made. 13 (c) An appropriation that exceeds the limit under (a) and (b) of this section 14 may be made for any public purpose upon affirmative vote of at least three-fourths of 15 the members of each house of the legislature. The total amount of appropriations 16 under this subsection made for a fiscal year may not exceed two percent of the amount 17 appropriated for the fiscal year two years preceding the fiscal year for which the 18 appropriations are made. 19 (d) If appropriations for a fiscal year exceed the amount that may be 20 appropriated under (a) - (c) of this section, the governor shall reduce expenditures by 21 the executive branch for its operation and administration to the extent necessary to 22 avoid spending more than the amount that may be appropriated under (a) - (c) of this 23 section. 24 * Sec. 2. Article XV, Constitution of the State of Alaska, is amended by adding a new 25 section to read: 26 Section 30. Reconsideration of Appropriation and Spending Limit. If the 27 2004 amendment relating to an appropriation and spending limit (art. IX, sec. 16) is 28 adopted, the lieutenant governor shall place the ballot title and proposition for the 29 amendment on the ballot again at the general election in 2012 and every eight years 30 thereafter unless it is rejected. If the majority of those voting on the proposition 31 rejects the amendment, Section 16 of Article IX is repealed on the date the election is

01 certified. 02 * Sec. 3. The amendments proposed by this resolution shall be placed before the voters of 03 the state at the next general election in conformity with art. XIII, sec. 1, Constitution of the 04 State of Alaska, and the election laws of the state.