House Speaker Stutes said she plans to resume work on the state budget on Monday, in the hope that the peak in cases would have crested by then.
House majority members say describing the entire $2,550 payment as a dividend would set expectations that PFDs would be that size every year.
The amount is roughly one-third of the additional $3.6 billion the Department of Revenue forecast the state will receive in its spring revenue update on Tuesday.
Gov. Mike Dunleavy urged the Legislature to send some of the money to Alaskans in the form of $3,700 in permanent fund dividends.
Revenue Commissioner Lucinda Mahoney said the value of state-held Russian investments has declined from $267 million at the end of 2021 to a current estimate of no more than $15 million.
The budget proposal unveiled on Friday by the House Finance Committee would spend over $4 billion in state funding to run state government. That’s $148 million more than Dunleavy proposed.
Dunleavy wants the state to issue $325 million in bonds to pay for construction on ports, airports, fire halls and other projects.
Nonpartisan budget analysts say that without the federal relief, Dunleavy’s proposed budget would have a $350 million deficit.
Some of the leaders want to see the Legislature pass a long-term plan for the state’s finances and permanent fund dividends. But they acknowledge there are significant obstacles in both the short and long term.