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Thu Jan 31, 2019, 06:31 AM

Alaska governor proposes constitutional changes to give voters say on taxes

JUNEAU, Alaska — Gov. Mike Dunleavy on Wednesday proposed constitutional changes that would limit legislative authority and give voters a say on taxes and any changes to the annual check residents receive from the state’s oil-wealth fund.

One of the proposed amendments is aimed at ensuring the Alaska Permanent Fund dividend is not changed without a vote of the people.

Another seeks to set what Dunleavy called a “spending and savings rule,” replacing an existing spending limit that critics say is too lax and targeting leftover revenue to the permanent fund and a reserve account.

The third constitutional change would let voters decide whether to approve any new or higher state taxes passed by lawmakers. If, on the other hand, voters by initiative pass a new or higher tax, legislators would be asked for their approval.

Read more: https://triblive.com/usworld/world/14561356-74/alaska-governor-proposes-constitutional-changes-to-give-voters-say-on-taxes

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