Most money for $1,100 dividends, as well as for programs that lower high energy costs and pay for university scholarships, depended on three-quarters of the members agreeing to draw from the Constitutional Budget Reserve. That failed by six votes.
"Power Cost Equalization Endowment"
PFD is Legislature’s top priority, says Sen. Hoffman
Hoffman said that the future of the dividend relies on the Legislature creating new forms of revenues. Without that, he said, the Permanent Fund will be put in jeopardy.