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 […]
JUNEAU – The Senate Finance Committee Friday introduced a pair of bills to cap government spending and establish a 50-50 split between dividends and state expenses from the limited annual revenue available from earnings reserve of the Permanent Fund. Senate Bill 104 caps government spending at $5 billion for fiscal year 2021, allowing for […]
(Juneau) – Tuesday morning, the Alaska Department of Revenue closed the online application system for the 2019 Permanent Fund Dividend due to technical issues that were preventing applicants from submitting their applications. “The online security of all Alaskans continues to be our number one priority,” said Revenue Commissioner Bruce Tangeman. “We sincerely apologize to […]
Juneau – Monday, the Alaska House of Representatives met their Constitutional duty to pass an operating budget for the State of Alaska. House Bill 286 largely maintains the current level of essential services, fully-funds Alaska’s Base Student Allocation (BSA), includes additional resources to keep Alaskans safe in their homes and businesses, and authorizes the payment […]
JUNEAU – Senator Tom Begich (D-Anchorage) introduced a Sense of the Senate Monday urging the Permanent Fund Corporation to divest their investments from all Russian companies that are on the United States’ sanctioned list since 2014 for undermining Ukrainian sovereignty and the illegal annexation of Crimea. “These investments represent 0.1% of the value of the […]
Hello ! This year is flying by so fast! Only 28 days left to apply for your PFD! Now is also the time to do your part to help make our community a better place. We hope you will consider making a gift to Boys & Girls Clubs – Alaska this year. CLICK HERE […]
ANCHORAGE — Senator Bill Wielechowski (D-Anchorage) has pre-filed a bill in advance of the 30th Alaska legislative session which would allow Alaskans a vote to safeguard the Permanent Fund Dividend (PFD) in the state’s constitution. The principal or “corpus” of the fund is already constitutionally protected and cannot be spent. However, the earnings of the […]
JUNEAU – The Office of the Lt. Governor has scheduled several public hearings on Ballot Measure #1, the Permanent Fund Voter Registration Initiative, to take place in Alaska’s four judicial districts. The hearings are required under a law passed by the Alaska State Legislature in 2010. Alaska Statute 15.45.195 requires the lieutenant governor to hold […]
ANCHORAGE – Governor Bill Walker announced Tuesday the appointment of Department of Administration Commissioner Sheldon Fisher to the Alaska Permanent Fund Corporation Board of Trustees today. The six-member board sets policy for the Alaska Permanent Fund Corporation, and manages the assets of the Permanent Fund and other funds designated by law, including the Alaska Mental […]