Budget

Prop. 118

Redistribution of Funds

The Arizona Permanent Amendment refers to the annual distributions of the Permanent Fund, which earns revenue from the sale of land or royalties from natural resources.

Under this amendment, the Fund would allocate 2.5% of the average monthly market values of the fund for the preceding five years.

On the ballot, it will appear under the shortened title: “Establishment of Permanent Funds.” View the official document.

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