Plain Talk With Rob Port

If you read the ballot language for Measure 3 and still didn't understand just what it is the proposed constitutional amendment does, I wouldn't blame you. I don't think that's anyone's fault. It's just a somewhat arcane topic, but that doesn't mean it's not important. State Rep. Corey Mock joined us on this episode of Plain Talk to discuss the proposal, which would make some changes around the Legacy Fund, which these days is sporting a balance of around $11 billion. Currently, lawmakers have the statutory authority to spend up to 15% of the principal of that fund. Mock said that was written into the original amendment that created the fund to ensure that at least some of it was available to lawmakers should some emergent situation make it necessary. But when the Legacy Fund was created, nobody expected it to grow as far and as fast as it has. Mock said the original projects for the fund expected it to cross the $1 billion threshold by like 2021. Clearly, we're well beyond that, but the Legislature's authori