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Alaska Permanent Fund Corporation Control, Measure 3 (2000)

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Alaska Ballot Measure 3, also known as the Constitutional Amendment Relating to Public Corporations, was on the November 7, 2000 election ballot in Alaska as a legislatively-referred constitutional amendment, where it was overwhelmingly defeated.[1]

Election results

Alaska Permanent Fund Corporation Control, Measure 3
Defeatedd No194,97572.9%
Yes 72,419 27.1%
Tony Knowles, governor at the time measure was on the ballot

Measure 3, if enacted, would have allowed the Governor of Alaska to appoint members to an Alaska Permanent Fund Public Corporation to administer and manage the Alaska Permanent Fund without legislative approval.

Text of measure

Measure 3 was described on the ballot as, "This amendment states that the Alaska permanent fund would be managed by a public corporation established by law. Members of the public appointed by the governor to the board of this corporation would not be subject to legislative approval. These members may only be removed from the board for cause. However, members appointed by the governor to boards of other public corporations that manage significant state assets must be approved by the legislature. Also, a law could be enacted to provide that these other board members may only be removed from office for cause."

See also

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