Alaska2026Passed Legislature
HB51
HB 51: New Spending Limit and Governor Reporting Rules
Last scannedSep 22, 2026, 12:32 AM
In one sentence
This bill sets a new spending limit based on the state's economic output and requires the governor to report how budgets fit within that limit, but it only becomes law if voters approve a matching change to the state constitution.
What it does
- Sets a rule that most annual government spending cannot exceed 12 percent of the average real gross domestic product from the five years before the previous fiscal year.
- Removes old rules that allowed spending increases based on population growth and inflation rates.
- Requires the governor to submit a report showing how proposed budgets fit within this new spending limit.
- Updates the requirement so the governor must also provide updated reports when submitting supplemental bills or budget amendments.
- Repeals an older section of law regarding these specific spending limits.
Who it affects
- The Governor, who must prepare and update reports on appropriations relative to the new limit.
- State agencies that receive funding through annual appropriations from the treasury.
- Alaska voters, because this bill only becomes law if they approve a specific constitutional amendment.
Limits and unknowns
- This law does not take effect on July 1, 2025, unless Alaska voters approve an amendment to Article IX, Section 16 of the State Constitution.
- The bill lists many exceptions to the spending limit but does not specify how much money is currently in those specific funds.
Plain language
Terms to know
- Appropriation
- Money officially set aside by the legislature for government spending in a fiscal year.
- Real Gross Domestic Product (GDP)
- The total value of goods and services produced in Alaska, adjusted to remove the effects of inflation.
- Conditional Effect
- A rule stating that this bill will not start working unless a specific change is made to the state constitution by voters.
Official record
Sources
Read the official summary
APPROPRIATION LIMIT; GOV BUDGET An Act relating to an appropriation limit; relating to the budget responsibilities of the governor; and providing for an effective date.
Official activity
Bill history
- (H) REFERRED TO FINANCE876
- (H) FN1: ZERO(GOV)876
- (H) AM: MINA876
- (H) NR: KOPP, EISCHEID876
- (H) DNP: GRAY876
- (H) DP: VANCE, UNDERWOOD, COSTELLO876
- (H) JUD RPT 3DP 1DNP 2NR 1AM876
- (H) Minutes (HJUD)Min
- (H) Moved HB 51 Out of CommitteeText
- (H) JUDICIARY at 01:00 PM GRUENBERG 120Text
- (H) COSPONSOR(S): COSTELLO706
- (H) Minutes (HJUD)Min
- (H) Heard & HeldText
- (H) JUDICIARY at 01:00 PM GRUENBERG 120Text
- (H) -- MEETING CANCELED --Text
- (H) JUDICIARY at 01:00 PM GRUENBERG 120Text
- (H) Minutes (HJUD)Min
- (H) Heard & HeldText
- (H) JUDICIARY at 01:00 PM GRUENBERG 120Text
- (H) JUD, FIN44