Alaska Permanent Fund Amendment (1976)
From Ballotpedia
The Alaska Permanent Fund Amendment ballot question appeared on the 1976 statewide general election ballot in Alaska as a proposed legislatively-referred constitutional amendment to the Alaska Constitution, where it was approved.
The ballot summary said, "This proposal would amend Article IX, Section 7 (Dedicated Funds) and add a new section to Article IX, Section 15 (Alaska Permanent Fund) of the Alaska Constitution. It would establish a constitutional permanent fund into which at least 25 percent of all mineral lease rentals, royalties, royalty sale proceeds, federal mineral revenue sharing payment and bonuses received by the state would be paid. The principal of the fund would be used only for income-producing investments permitted by law. The income from the fund would be deposited in the State's General Fund and be available for appropriation for the State unless law provided otherwise."
| Alaska Permanent Fund Amendment (1976) | ||||
|---|---|---|---|---|
| Yes or no | Votes | Percentage | ||
| | 75,588 | 66% | ||
| No | 38,518 | 34% | ||
| Total votes | - | 100% precincts | ||

