The legislation would close a quarter of the gap between what the state government spends and what it raises.
"public testimony"
Public testimony split on bill that would introduce an income tax
The measure would create a state income tax that’s 15 percent of federal tax liability and set Permanent Fund dividends at roughly $1,100. Roughly 80 residents signed up to testify on the bill.
Public testimony leans against Permanent Fund bill
Of more than 120 Alaskans who testified Tuesday, about 60 percent opposed the bill, which would could dividend checks this year in half.
Unhappy public speaks for first time in special session
The House Finance committee allotted three hours for input on the state operating budget, and more than 80 people spoke.