AlaskaAlaska voters would decide whether governors face a spending limit
If Alaska voters approve the amendment, the governor could not propose next year’s spending above specified available funds and expected income, starting with budgets submitted on or after January 1, 2027.
What it does
If Alaska voters approve the amendment, the governor could not propose next year’s spending above specified available funds and expected income. The budget reserve fund and some permanent fund income would not count as available money.
Argument forA spending limit tied to expected income and available funds could help keep the governor’s proposed spending within the money counted for the next year.
Argument againstThe limit could leave the governor with fewer spending options because the budget reserve fund and some permanent fund income would not count as available money.
More detail
If voters approve the amendment, the governor could not submit a budget or spending bill for the next fiscal year that exceeds the specified available money. The limit would cover the governor’s budget and spending bill for the state’s next fiscal year. The limit counts available fund balances, expected income of state departments, offices, and agencies, and permanent fund income that the law makes available to spend. Available fund balances would exclude the budget reserve fund and permanent fund income above the amount the law makes available to spend. The limit would apply to budgets the governor submits on or after January 1, 2027, if voters approve the amendment.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 19(H) Scheduled but Not Heard -- Delayed to a Call of the Chair --Latest
- May 19(H) FINANCE at 01:30 PM ADAMS 519
- May 19(H) Scheduled but Not Heard -- Delayed to 9:00 am --
- May 19(H) FINANCE at 08:00 AM ADAMS 519
- May 18(H) Scheduled but Not Heard -- Recessed to a Call of the Chair --
- May 18(H) FINANCE at 06:00 PM ADAMS 519
- May 18(H) -- Public Testimony -- -- Delayed to a Call of the Chair --
- May 18(H) FINANCE at 01:30 PM ADAMS 519
- May 18(H) -- Public Testimony -- -- Delayed to a Call of the Chair --
- May 18(H) FINANCE at 09:00 AM ADAMS 519
- May 14(H) Minutes (HFIN)
- May 14(H) Heard & Held -- Delayed to 2:00 pm --
- May 14(H) FINANCE at 01:30 PM ADAMS 519
- May 6(H) COSPONSOR(S): CARRICK
- Mar 30(H) COSPONSOR(S): STORY
- Mar 23(H) REFERRED TO FINANCEMinor
- Mar 23(H) FN1: ZERO(GOV)
- Mar 23(H) NR: VANCE, MINA
- Mar 23(H) DP: UNDERWOOD, EISCHEID, KOPP, COSTELLO, GRAY
- Mar 23(H) JUD RPT CS(JUD) NEW TITLE 5DP 2NR
- Mar 20(H) Minutes (HJUD)
- Mar 20(H) Moved CSHJR 23(JUD) Out of Committee
- Mar 20(H) JUDICIARY at 01:00 PM GRUENBERG 120
- Mar 13(H) Minutes (HJUD)
- Mar 13(H) Heard & Held
- Mar 13(H) JUDICIARY at 01:00 PM GRUENBERG 120
- Feb 27(H) FN1: ZERO(GOV)
- Feb 27(H) AM: VANCE
- Feb 27(H) NR: HOLLAND
- Feb 27(H) DP: MCCABE, ST. CLAIR, HIMSCHOOT, CARRICK
- Feb 27(H) STA RPT 4DP 1NR 1AM
- Feb 26(H) Minutes (HSTA)
- Feb 26(H) Moved HJR 23 Out of Committee
- Feb 26(H) STATE AFFAIRS at 03:15 PM GRUENBERG 120
- Feb 24(H) Heard & Held
- Feb 24(H) STATE AFFAIRS at 03:15 PM GRUENBERG 120
- Feb 23(H) COSPONSOR(S): ST. CLAIR
- Feb 21(H) Minutes (HSTA)
- Feb 21(H) Heard & Held
- Feb 21(H) STATE AFFAIRS at 03:15 PM GRUENBERG 120
- 2025
- Apr 30(H) COSPONSOR(S): EISCHEID
- Apr 28(H) STA, JUD, FIN
- Apr 28(H) READ THE FIRST TIME - REFERRALSIntroduced
Taxes & Budget