This photo shows the Alaska State Capitol. Lawmakers on Tuesday OK’d legislation setting the Permanent Fund Dividend at $1,100. (Peter Segall / Juneau Empire file)

This photo shows the Alaska State Capitol. Lawmakers on Tuesday OK’d legislation setting the Permanent Fund Dividend at $1,100. (Peter Segall / Juneau Empire file)

State House calls for $1,100 dividend

There are divisions over funding source.

By Becky Bohrer

Associated Press

The Alaska House passed legislation Tuesday calling for an $1,100 dividend to residents, but there are different interpretations as to whether much of the money that would be used for the checks is available.

The bill next goes to the Senate.

The measure calls for spending $730.5 million, with $330 million from the statutory budget reserve fund. That’s where a recent court decision and a failed vote earlier this year come into play.

The fund was long considered among the accounts subject to being swept into the constitutional budget reserve to repay it for money that’s been used from it. Lawmakers can reverse the sweep and restore funds to their original accounts but earlier this year failed to secure the votes to do so.

Megan Wallace, director of Legislative Legal Services, told a Senate committee Monday that a recent court decision suggests the statutory reserve is not subject to the sweep.

Gov. Mike Dunleavy’s office contends otherwise.

“The fund has been swept,” Dunleavy spokesperson Jeff Turner said by email. He said the Legislature can change that with a three-quarter vote.

The dividend would be about $585 if the statutory budget reserve funds were deemed swept, according to the Legislative Finance Division director.

More in News

A Princess Cruise Line ship is docked in Juneau on Aug. 25, 2021. (Michael Lockett / Juneau Empire File)
Ships in Port for the week of Aug. 14

Here’s what to expect this week.

(Juneau Empire File / Michael Penn)
Police calls for Thursday, Aug. 18, 2022

This report contains public information from law enforcement and public safety agencies.

(Juneau Empire File / Michael Penn)
Police calls for Wednesday, Aug. 17, 2022

This report contains public information from law enforcement and public safety agencies.

This October 2020 photo shows the MV Kennicott. The Alaska Marine Highway System's winter ferry schedule is now available for review. (Ben Hohenstatt / Juneau Empire File)
Winter ferry schedule available for review

Comments now being accepted.

(Juneau Empire File / Michael Penn)
Police calls for Tuesday, Aug. 16, 2022

This report contains public information from law enforcement and public safety agencies.

Supporters of U.S. Sen. Lisa Murkowski wait for an opportunity to talk to her at her newly Juneau campaign headquarters Thursday evening at Kootznoowoo Plaza. (Mark Sabbatini / Juneau Empire)
Murkowski opens up at Juneau HQ debut

Senator chats with supporters about U.S. vs. Belgium voting, moose chili and Project Veritas

(Juneau Empire File / Michael Penn)
Police calls for Saturday, Aug. 13, 2022

This report contains public information from law enforcement and public safety agencies.

U.S. Senate candidate Shoshana Gungurstein stars in a campaign sign within view of the Alaska governor’s mansion. Gungurstein, an independent, got exposure this week for being a Hollywood actress under a different last name after questions about her past went unanswered throughout the campaign. She is one of 19 candidates seeking to be among the four selected in next Tuesday’s primary to compete in the November general election. (Mark Sabbatini / Juneau Empire)
Senate candidate sheds more light on background

Shoshana Gungurstein responds at length to recent report on past film career.

(Michael Penn / Juneau Empire File)
Drug arrest made in Skagway

Police say a suspicious package was intercepted.

Most Read