Proposing an amendment to the Constitution of the State of Alaska relating to a public education fund.

This bill proposes adding a new section to the Alaska Constitution to create a dedicated public education fund. The fund would consist of land and money transferred by the legislature, along with all income earned from investing those assets at competitive market rates. Money in the fund could only be used for public education purposes, and it would be exempt from certain spending restrictions that apply to other state funds. If approved by voters, this change would establish a permanent financial mechanism to support public schools in Alaska.