REPRESENTATIVE CHRIS TUCK

(907) 465-2095 | State Capitol Building, Room 204 | WEBSITE
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Sponsor    Statement

Constitutional Amendment: Permanent Fund; POMV; Dividend

House Joint Resolution 3 (HJR 3) would send a constitutional amendment to a vote of Alaskans to ensure the payment of future Alaska Permanent Fund Dividends. HJR 3 also seeks to constitutionally protect the Earnings Reserve Account (ERA) of the Permanent Fund.

HJR 3 would place the ERA, as a separate account, into the larger Permanent Fund to hold all the fund’s earnings. The Alaska Permanent Fund Corporation would then be authorized to invest ERA funds as currently authorized for investments of the principal.

Additionally, HJR 3 constitutionalizes the Percent of Market Value (POMV) approach for the use of earnings from the Permanent Fund. An annual four percent draw on the value of the Permanent Fund would be split equally between annual Dividend payments to Alaska residents and the Alaska General Fund to pay for essential government services. HJR 3 stipulates that annual Dividend payments would not be subject to legislative appropriation.

House Joint Resolution 3 allows the people to vote on a Constitutional Amendment to permanently protect Alaska’s unique and very successful Permanent Fund Dividend system. The process to amend the Alaska Constitution, while long and arduous, ensures the voice of all Alaskans are heard when deciding the fate of the shared wealth of the people of Alaska.


 
[signed]
REPRESENTATIVE CHRIS TUCK

SPONSOR STATEMENTS from Alaska House Majority Coalition

"An Act relating to exemptions from mortgage loan originator licensing requirements; and providing for an effective date"

From the office of Representative Wilson


"An Act Relating to Claims Against Protection and Indemnity Insurance Policies of Vessel Owners"

From the office of Representative Ortiz


"An Act relating to residency requirements for public school enrollment for certain children of active duty military members"

From the office of Representative Josephson


"An Act relating to the transfer of the title to a vehicle, including certain manufactured homes and trailers, on the death of the owner; allowing a person to act for the surviving spouse of a decedent to make a demand of the personal representative of the decedent’s estate related to enforcing a liability against real property or an interest in real property transferred at death by a transfer on death deed; and providing for an effective date.”

From the office of Representative Spohnholz


"An Act relating to a workforce enhancement program for health care professionals employed in the state; and providing for an effective date."

From the office of Representative Spohnholz


From the office of Representative Tuck


HB 117 – Municipal regulation of trapping

From the office of Representative Josephson


"An Act Relating to Protective Orders"

From the office of Representative Kopp


Strategically strengthening our laws will reduce Alaska’s sky-high crime rate. This bill will improve public safety by stiffening criminal procedures.

From the office of Representative Josephson


"An Act relating to the Funter Bay marine park unit of the state park system; relating to protection of the social and historical significance of the Unangax cemetery located in Funter Bay and providing for the amendment of the management plan for the Funter Bay marine park unit; and providing for an effective date."

From the office of Representative Hannan


“An Act relating to sentencing for vehicle theft in the first degree.”

From the office of Representative Fields


"An Act relating to the Alaska Food, Drug, and Cosmetic Act; and relating to the sale of milk, milk products, raw milk, and raw milk products."

From the office of Representative Tarr


"An Act requiring law enforcement agencies to send sexual assault examination kits for testing within six months after collection; and providing for an effective date."

From the office of Representative Tarr


"An Act relating to insurance coverage for contraceptives and related services; and relating to medical assistance coverage for contraceptives and related services."

From the office of Representative Claman


Confining Vehicle Loads

From the office of Representative Tuck


“Toxic-Free Firefighters and Children Act”

From the office of Representative Tarr


“An Act relating to insurance coverage for benefits provided through telehealth; and providing for an effective date.”

From the office of Representative Spohnholz


House Bill 30: The Abigail Caudle Act

From the office of Representative Josephson


Shellfish Enhancement Projects; Hatcheries

From the office of Representative Ortiz


House Bill 44, "Automated Teller Machines: Fees"

From the office of Representative Ortiz


"Establishing May 15th as Hmong American Veterans Day"

From the office of Representative Tarr


"Military Work Experience"

From the office of Representative Story


"An Act establishing the month of February as Black History Month."

From the office of Representative Story


"An Act relating to the liability of an excavator for damaging an underground facility"

From the office of Representative Claman


House Bill 81: An Act prohibiting disposable shopping bags; and providing for an effective date

From the office of Representative Josephson


House Bill 82: Prohibiting Discrimination Based on Sexual Orientation, Gender Identity and Expression

From the office of Representative Josephson


Sponsor Statement for HB 86

From the office of Representative Fields


"An Act extending the liquefied natural gas storage facility tax credit; and providing for an effective date."

From the office of Representative Thompson


From the office of Representative Johnston


From the office of Representative Johnston


"An Act relating to temporary courtesy licenses for certain nonresident professionals; and relating to the Department of Commerce, Community, and Economic Development."

From the office of Representative Tuck


House Bill 96

From the office of Representative Fields


From the office of Representative Edgmon


Proposing amendments to the Constitution of the State of Alaska relating to the duration of regular sessions of the Legislature

From the office of Representative Claman


Constitutional Amendment: Permanent Fund; POMV; Dividend

From the office of Representative Tuck


“Urging the United States Congress to reauthorize the Violence Against Women Act of 1994 without an exemption for tribal governments in the state and to support Savanna’s Act and highlight the crisis of missing and murdered Indigenous women.”

From the office of Representative Zulkosky