Legislators mull constitutional amendment for savings endowment
Fri, April 11, 2008
Posted in Alaska News
State lawmakers are moving ahead with a constitutional Amendment that would limit legislative spending when there’s plenty of money and would provide a cushion when revenue is scarce. The Senate Finance Committee today heard a proposal by House majority leader Ralph Samuels that would roll together the state’s various savings account into one fund and portion the money over time.
Dave Donaldson, APRN - Juneau
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