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Alaska Permanent Fund bill fails in committee

 


JUNEAU, Alaska (AP) – The House Finance Committee last week fell short of the votes needed to advance a compromise bill calling for limited Alaska Permanent Fund dividend checks to counter the state’s multibillion-dollar fiscal shortfall.

A deeply divided committee voted 5-6 on June 17 to move the bill to a full vote on the House floor as the special session winds down.

The new version of the bill rejected by the 11-member committee called for limiting dividend payouts to $1,500 for residents this year and next to help counter the fallout of low oil prices. The previous version, which p...



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