During public testimony Tuesday, House Finance Committee members heard an earful from residents who don’t want cuts.
"permanent fund dividend"
For the first time, Alaska Permanent Fund earnings may balance state budget
How the legislature and Gov. Bill Walker handle a plan could have big implications on Alaskans’ Permanent Fund dividends.
Inside the Alaska Permanent Fund Corp.
“We all are managing billions each, but we think of it as units,” says Jim Parise, one of just 18 people managing investments at the fund. “If you think of it as actual money, you’d go crazy.”
As budget stopgap, Rep. Olson floats 35 percent PFD tax
With less than two weeks left in the session, Olson decided it was time for House Bill 376, which would apply a 35 percent tax to dividends.
Legislative houses near votes on different budget versions
The Senate Finance Committee’s current budget includes $215 million in cuts. But Committee Co-Chairman Fairbanks Republican Sen. Pete Kelly said he’s aiming for a total of $500 million in reductions.
PFD cuts could cause big ripples in Alaska economy
As lawmakers grapple with a mammoth budget deficit, it’s becoming increasingly likely that the solution will require tapping Permanent Fund earnings — and reducing the dividend.
Budget, ferries and anti-discrimination bill on Rep. Muñoz’s plate this session
The 2016 legislative session is scheduled to end April 17, but Muñoz says leadership may decide early on to push that end date another 30 days.
Alaska Faces Budget Deficit As Crude Oil Prices Slide
Alaska may overhaul the way it spends its oil wealth. While the state has a lot of oil, the price of oil has dropped so much that the state now has a $3.5 billion deficit — two-thirds of its budget.
Alaska, Inc: The roots of the Permanent Fund dividend
As the state consider changes to these two very Alaskan institutions, it’s worth taking a look back at how – and why – they were created.
Former Board of Fish appointee charged with PFD fraud
Roland Maw was charged with 17 counts of theft and unsworn falsification on his applications for Permanent Fund dividends and for commercial fishing permits.