Dunleavy called Thursday’s proposal a “beginning budget” and said the final version will depend on the price of oil as well as the result of negotiations with the Legislature.
"Permanent Fund Dividends"
Legislators are divided over what to call state payments to Alaskans and the message it would send
House majority members say describing the entire $2,550 payment as a dividend would set expectations that PFDs would be that size every year.
Bill would draw school funds from permanent fund earnings, along with PFD
Half of the money that doesn’t go to dividends would pay for state education funding.
Letter asking for vote on second PFD payment reflects differences among Alaska Republican senators
The unusual letter to the Senate Finance Committee co-chairs said “action must be taken” on the PFD funding bill requested by Gov. Mike Dunleavy.
Alaska House members pitch PFD changes that aim to solve long-term budget problem
Under three of the proposals, dividends would be bigger than the checks Alaskans have gotten in recent years. But they would still be smaller than what Gov. Mike Dunleavy wants.
Alaska state senators differ on PFD path as committees fail to meet during first half of special session
Three different groups of senators emphasize different options in weighing future of state budget.
Alaska lawmakers say they want compromise on PFD, but it’s unclear how they’ll get there
At the end of the third special session, the Senate Finance Committee put forward a major bill. It would balance the state budget and by 2025 would allow permanent fund dividends at the level proposed by Gov. Mike Dunleavy. But it would require $700 million in taxes for the higher PFDs to happen.
Alaska Legislature meets for 3rd special session amid uncertainty over Permanent Fund dividends, budget gap
Gov. Mike Dunleavy repeated his call for the Legislature to pass constitutional amendments to put the Permanent Fund dividend in the state constitution and to lower the limit on how much the state government can spend each year. He also said he doesn’t think new taxes are necessary.
Ahead of special session, Alaska lawmakers consider phasing in PFD changes along with new revenue
A working group of legislators is weighing whether to recommend amending the state constitution.
Alaskans will have chance to weigh in on long-term budget changes, starting next week
A working group of legislators has been meeting to consider ways to close the gap between what the state spends and what it brings in. The group plans to hear public testimony beginning on July 29.