This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Reporting Highlights High Stakes: The $80 billion Alaska Permanent Fund helps pay for government services and sends annual dividend checks to Alaskans. Failed Investment: After […]
Alaska Gov. Mike Dunleavy has named longtime Republican politician and businessman John Binkley to an open seat on the board that controls the $80 billion Alaska Permanent Fund. The six-person board has been operating with five members since July, when board member Ellie Rubenstein resigned after leaked emails suggested that corporation staff felt pressured by Rubenstein to […]
JUNEAU – Monday, a group of Republican, Democratic, and Independent legislators announced the introduction of a constitutional amendment to fully protect the Alaska Permanent Fund in the Constitution. Currently, the Permanent Fund is structured as two accounts: the Principal and the Earnings Reserve Account. The Alaska Constitution prohibits the spending of the Principal without a vote […]
Friday Governor Mike Dunleavy introduced SB 85, updating eligibility requirements for the Permanent Fund Dividend and modernizing the way the Department of Revenue can issue a notice of levy and conduct background checks on Department employees. The bill allows merchant mariners attending a qualified vocational program to qualify for an allowable absence from the […]