Section 7. Dedicated Funds

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Dedicated Funds

The proceeds of any state tax or license shall not be dedicated to any special purpose, except as provided in section 15 of this article or when required by the federal government for state participation in federal programs. This provision shall not prohibit the continuance of any dedication for special purposes existing upon the date of ratification of this section by the people of Alaska.

Summary: Authorize Permanent Fund

Election Date: November 2, 1976

Votes For Ratification: 75588

Votes Against Ratification: 38518

Percent for Ratification: 66%

Percent Against Ratification: 34%

Notes: The same resolution added the following sections: Article IX, Sections 7 and 15

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Dedicated Funds

The proceeds of any state tax or license shall not be dedicated to any special purpose, except when required by the federal government for state participation in federal programs. This provision shall not prohibit the continuance of any dedication for special purposes existing upon the date of ratification of this constitution by the people of Alaska.

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