House majority members say describing the entire $2,550 payment as a dividend would set expectations that PFDs would be that size every year.
And legislators have said successful communication will be important this summer. Gov. Mike Dunleavy has charged the Legislature with coming up with a long-term solution for the state budget. But the vote on the shutdown didn’t go smoothly. It almost didn’t happen.
By the end of the day Saturday, there were 71 budget amendments submitted. It’s not clear how many of the 52 remaining amendments will be debated.
Lawmakers must decide whether the state should follow the formula in a 1982 state law or follow a different law that limits how much can be drawn from permanent fund earnings.