Alaska Public Media © 2025. All rights reserved.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Legislators mull constitutional amendment for savings endowment

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