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Checked against the record · Alaska Governor 2026

Did Jonathan Kreiss-Tomkins try to protect the whole Permanent Fund in the constitution?

Matches stated direction. He was prime sponsor of a 2021 amendment to cap each year's draw at 5% of the whole fund and move the earnings reserve into principal; it stopped in House Finance.

Jonathan S. "JKT" Kreiss-Tomkins

Protecting the Permanent Fund in the constitution

Matches stated direction

What they say

His platform says the whole Permanent Fund should be protected from overspending in the constitution.

“Make the Permanent Fund permanent: ensure that the entirety of the Permanent Fund is constitutionally protected from overspending so that the fund will grow and benefit future generations of Alaskans.”

What the record shows ·

He was the prime sponsor of House Joint Resolution 1, prefiled January 8, 2021 with Representative Hopkins; four more House members joined as sponsors by May 2021. It would have changed the constitution to cap each year's draw at 5% of the whole fund's average value and to move the earnings reserve into the fund's principal. Two House committees advanced it in April 2021; it stopped in House Finance. His House Bill 165 that year would have moved $4.35 billion from the earnings reserve into the principal.

Limit: Neither measure passed the House. State law already set a 5% yearly draw; the resolution would have put a limit in the constitution.

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Sources6 source records

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  1. Issues and prioritieshttps://www.jktforak.com/platform

    JKT for Alaska · Reviewed Oct 1, 2026

    Campaign platform.

    candidate statement

    For: Did Jonathan Kreiss-Tomkins try to protect the whole Permanent Fund in the constitution?

  2. HJR 1 (32nd Legislature), bill historyhttps://www.akleg.gov/basis/Bill/Detail/32?Root=HJR%201

    Alaska Legislature · Published May 1, 2021 · Reviewed Oct 1, 2026

    Prefiled January 8, 2021. Spohnholz, Schrage, Fields and Story were added as sponsors from March to May 2021. Ways and Means moved it April 20, 2021 and Judiciary April 30, 2021. It stayed in House Finance and never reached a floor vote.

    official legislative record

    For: Did Jonathan Kreiss-Tomkins try to protect the whole Permanent Fund in the constitution?

  3. HJR 1 (2021), prefiled version (document)

    Alaska Legislature · Published Jan 8, 2021 · Reviewed Oct 1, 2026

    Prefiled January 8, 2021 by Representatives Kreiss-Tomkins and Hopkins.

    official legislative record

    For: Did Jonathan Kreiss-Tomkins try to protect the whole Permanent Fund in the constitution?

  4. SSHJR 1 (2021), sponsor substitute (document)

    Alaska Legislature · Published Feb 18, 2021 · Reviewed Oct 1, 2026

    By Representatives Kreiss-Tomkins, Hopkins, Spohnholz, Schrage, Fields and Story. Would cap yearly appropriations from the Permanent Fund at 5% of its average market value and deposit the earnings reserve into the fund's principal.

    official legislative record

    For: Did Jonathan Kreiss-Tomkins try to protect the whole Permanent Fund in the constitution?

  5. HB 165 (2021), as introduced (document)

    Alaska Legislature · Published Apr 7, 2021 · Reviewed Oct 1, 2026

    By Representatives Kreiss-Tomkins, Spohnholz, Fields and Story. Appropriates $4,350,000,000 from the earnings reserve account to the Permanent Fund's principal.

    official legislative record

    For: Did Jonathan Kreiss-Tomkins try to protect the whole Permanent Fund in the constitution?

  6. HB 165 (32nd Legislature), bill historyhttps://www.akleg.gov/basis/Bill/Detail/32?Root=HB%20165

    Alaska Legislature · Published Apr 21, 2021 · Reviewed Oct 1, 2026

    Ways and Means moved it April 20, 2021. It stayed in House Finance.

    official legislative record

    For: Did Jonathan Kreiss-Tomkins try to protect the whole Permanent Fund in the constitution?