HB 306 provides stability for Alaska’s economy and communities, ends structural budget deficit JUNEAU – Leadership of the House Rules Committee today introduced a proposal to settle the longstanding debate over the Permanent Fund and the Dividend Program. House Bill 306 provides stability for our economy and communities and puts an end to the […]
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 – Today, the Senate Majority introduced Senate Bill 1002, which proposes to use money from the Statutory Budget Reserve (SBR), the Higher Education Fund, and the Permanent Fund Earnings Reserve Account (ERA) to pay a $1,600 Dividend. Members of the Alaska Senate Democrats have issued the following statements: “The Permanent Fund Dividend […]
Rep. Kreiss-Tomkins: Proposal balances State of Alaska’s immediate, long-term needs JUNEAU – The House Finance Committee on Monday passed House Bill 31, a proposal sponsored by Rep. Jonathan Kreiss-Tomkins (D-Sitka). If passed into law, the bill will transfer $8 billion from the Permanent Fund earnings reserve account into the constitutionally-protected principal of the Permanent […]