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Bill

Bill

HJR 23

Proposing an amendment to the Constitution of the State of Alaska requiring the governor to submit a balanced budget to the legislature.

34th Legislature (2025-2026) Introduced by Ashley Carrick and 5 co-sponsors

Alaska constitutional amendment requiring governors to submit balanced budgets, limiting fiscal flexibility during economic downturns and locking spending constraints into state constitution.

(H) Scheduled but Not Heard -- Delayed to a Call of the Chair --
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Bill Summary · HJR 23

Legislative bill overview

HJR 23 proposes a constitutional amendment requiring Alaska's governor to submit a balanced budget to the legislature each fiscal year. This would embed a balanced budget requirement into Alaska's state constitution, making it a fundamental structural rule rather than a statutory requirement. The amendment would need voter approval before becoming law.

Why is this important

Balanced budget requirements shape how states allocate resources during economic downturns and affect spending flexibility. Alaska specifically faces unique fiscal pressures due to oil revenue volatility and the Permanent Fund, making budget rules consequential for long-term financial planning and service delivery. Constitutional amendments are difficult to change once enacted, so this locks in a budgeting philosophy for decades.

Potential points of contention

  • Economic rigidity during crises: Balanced budget mandates can force service cuts or tax increases during recessions when flexibility is most needed, potentially deepening economic downturns
  • Definition ambiguity: The bill doesn't clarify what "balanced" means—does it include the Permanent Fund? Does it allow for accounting adjustments or one-time revenues that technically balance but don't reflect sustainable finances?
  • Legislative vs. executive power: Requiring gubernatorial submission of balanced budgets doesn't guarantee the legislature will pass one, potentially creating constitutional gridlock or conflicts between branches without enforcement mechanisms

Compiled from official sources — confirm details with the bill’s official record.

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