• Login
    View Item 
    •   Home
    • University of Alaska Anchorage
    • Institute of Social and Economic Research (ISER)
    • Publications
    • Reports
    • View Item
    •   Home
    • University of Alaska Anchorage
    • Institute of Social and Economic Research (ISER)
    • Publications
    • Reports
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of Scholarworks@UACommunitiesPublication DateAuthorsTitlesSubjectsTypeThis CollectionPublication DateAuthorsTitlesSubjectsType

    My Account

    Login

    First Time Submitters, Register Here

    Register

    Statistics

    Display statistics

    Testimony on SJR 38 "The Cremo Plan"

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Thumbnail
    Name:
    1994-TestimonySJRpdf.pdf
    Size:
    981.3Kb
    Format:
    PDF
    Description:
    Written Testimony (Image Only PDF)
    Download
    Author
    Goldsmith, Scott
    Keyword
    testimony
    Alaska Senate State Affairs Committee
    Alaska Permanent Fund
    fund assets
    fixed percentage
    Metadata
    Show full item record
    URI
    http://hdl.handle.net/11122/12516
    Abstract
    This document was submitted as testimony to the Alaska Senate State Affairs Committee by Professor Scott Goldsmith on January 28, 1994. The Cremo proposal would establish, by constitutional amendment, a system under which all natural resource revenues would be deposited into the Alaska Permanent Fund and each year a fixed percentage of the fund assets, equal to the long run average real return on the Fund would be withdrawn for appropriation by the legislature. Based upon the analysis provided by Mr. Cremo, the amount available for appropriation (income budget) would be $3.079 billion in 1996, the first year of the transition phase, and $2.860 billion in 2005, the last year of the transition phase. In evaluating this plan the potential risks and costs should be identified and the plan should be compared to alternative methods of addressing the problems targeted in the plan. In this testimony, the potential problems and alternative policies are discussed, particularly specific problems associated with dependence on oil revenues.
    Date
    1994
    Publisher
    Institute of Social and Economic Research, University of Alaska.
    Type
    Presentation
    Collections
    Reports

    entitlement

     
    ABOUT US|HELP|BROWSE|ADVANCED SEARCH

    The University of Alaska Fairbanks is an affirmative action/equal opportunity employer and educational institution and is a part of the University of Alaska system.

    ©UAF 2013 - 2023 | Questions? ua-scholarworks@alaska.edu | Last modified: September 25, 2019

    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.