Proposing amendments to the Constitution of the State of Alaska relating to the Alaska permanent fund and to appropriations from the Alaska permanent fund.

This Senate Joint Resolution (SJR 14) proposes constitutional amendments to Alaska's Permanent Fund. It would allow the legislature to annually transfer up to 5% of the fund's average market value (over the prior six years) to the general fund, plus funds for investment management costs. The amendment also requires that unencumbered earnings from the fund's reserve account be deposited into the permanent fund by June 30, 2027. These changes, if approved by voters, would alter how the legislature accesses Permanent Fund resources while maintaining the fund's core purpose. The resolution is procedural and requires voter approval at the next general election.