Legislature puts forward budget, PFD restructure
After putting forward an operating budget to the governor’s desk late last week, the Legislature is now looking at a measure to restructure the Alaska Permanent Fund.
In a special session called by Gov. Bill Walker, legislators were retained in the capital in order to pass a budget for the coming year. The budget they placed on his desk last week, a compromisory draft of House Bill 4001 and its Senate counterpart, SB 4001, remains largely unfunded.
To remedy this, late on Monday evening the Senate passed SB 128, which would restructure the earnings of the permanent fund to allow for appr...