Lawmakers Create a Path Forward for the Permanent Fund

By on    Featured, Politics, State  

Lawmakers Create a Path Forward for the Permanent Fund

  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 […]

House Proposal Would Prevent Legislature from Overspending Permanent Fund

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House Proposal Would Prevent Legislature from Overspending Permanent Fund

  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 […]