By Larry Persily
Wrangell Sentinel 

Legislature settles on $1,300 PFD, with bonus if oil prices climb higher


Alaska lawmakers reached a compromise on the state budget and adjourned after a one-day special session last week, approving a $1,300 Permanent Fund dividend for this fall with the possibility of a second, smaller payment next year if oil revenues exceed projections.

The amount of the PFD and the capital budget — construction and maintenance projects in legislators’ home districts — were the final items that forced legislators into a special session after the regular session ended May 17 without a budget.

The governor called them back to work starting the next day.

While the Republica...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024