Lawmakers respond to demand for balance between core services, dividend amount JUNEAU – The House of Representatives and Senate each voted Monday to pass legislation that restores funding for many essential programs and services that were vetoed by the governor. Overall, two-thirds of Alaska lawmakers voted for House Bill 2001, which restores 80 percent […]
Monday, June 3, 2019 (Anchorage) – Alaska Governor Michael J. Dunleavy today issued a statement in response to SB 1002, a bill put forth by the Senate to disregard the statutory formula of the Permanent Fund Dividend and arbitrarily provide for a $1,600 dividend. “This bill kills the Permanent Fund Dividend as we know […]
JUNEAU – The Alaska Senate Finance Committee today approved amendments boosting this year’s Permanent Fund dividend to about $3,000 per person and transferring $12 billion from the Permanent Fund’s earnings reserve account into the fund’s constitutionally protected corpus. “We must take effective action to protect the Permanent Fund,” said Senator Bert Stedman, R-Sitka, co-chair […]
Rep. Kreiss-Tomkins’ resolution “hardens” POMV approach established last year JUNEAU – Representative Jonathan Kreiss-Tomkins (D-Sitka) on Wednesday introduced a proposal to fully protect the Alaska Permanent Fund in the constitution. House Joint Resolution 18 would “harden” the percent-of-market-value structure established by the Legislature in 2018’s Senate Bill 26. HJR 18 limits draws from the […]