Proposing an amendment to the Constitution of the State of Alaska requiring the governor to submit a balanced budget to the legislature.
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Progress
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- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill proposes an amendment to Alaska’s Constitution that would require the governor to submit a balanced budget to the legislature. Specifically, the governor must ensure that proposed spending doesn’t exceed available funds, projected revenue, and the permanent fund’s appropriation income. The amendment would take effect in 2027, and it would be put to a vote of the people in a general election. This aims to provide greater financial oversight and accountability in the state’s budgeting process.
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