State Senate could vote on new dividend formula

The Alaska Senate could vote this week on a new formula to calculate the annual Permanent Fund dividend, though proposed amendments and lengthy debate are expected and passage of the bill is uncertain.

The bill that passed the Senate Finance Committee last Thursday would set this fall’s dividend at about $2,600 per person, putting the same cash in Alaskans’ pockets as the House plan to pay out half that amount as a dividend and half as a one-time energy relief check to help Alaskans paying the price of higher heating fuel, gasoline and diesel bills.

The Senate Finance Committee version of the...


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