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10 members of Republican-led majority join minority after $34M in targeted capital projects added
Legislature will have 13 hours to solve differences over PFD, other issues to avoid special session
Budget-cutting measure has ties to Senate’s plan to reduce PFDs — but it’s not a trade-off, leaders say
Four majority members vote no on “75-25” bill, making it vulnerable to veto or other politicking.
Change would drastically shrink dividends, allocate most Permanent Fund earnings to state spending
Finance Committee proposing one-time $680 per-pupil boost in attempt to avoid deficit
Initial draft also lacks education funding boost, but changes to come after public comment process
Amount in flux as state revenue forecasts lower than expected.
Residents all over Alaska’s map are also all over the policy map during hearing on various proposals
“You put the amendment in after you get your refund.”
Others arrive at PFD office bright and early with questions.
Total includes an energy relief payment, too.
That’s weeks earlier than is typical.
Process moves forward as deadline looms.
A statutory dividend. Maybe.
Legislative leaders have said they see resolving the divisive debate as critical.
Senate attempts to rework dividend formula.
“At least” $3,700.
On to the Senate.
This year’s payout is still being decided.