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 […]