Lawmakers have no shortage of options and approaches when it comes to modifying the Permanent Fund to comply with the times. Here's a look at some currently making their way through the legislature.
“By moving this money, we protect it for future generations, and we force the conversation of redefining how the dividend is calculated," said Sen. Natasha von Imhof (R-Anchorage).
The only scenario considered Thursday that balances the budget, maintains government services, grows savings, and pays a $2,000+ PFD is Sen. Bill Wielechowski's (D-Anchorage) repeal of per-barrel oil tax credits.
“This legislation would provide certainty to our veterans, ensuring that their military experience would count irrespective of any change in administrations," said Rep. Andi Story (D-Juneau).
Tuesday afternoon, the House State Affairs Committee passed a statewide anti-discrimination bill protecting LGBTQ+ Alaskans. It's only the second time such a bill has cleared the hurdle.
Legislative Finance Director David Teal said the House budget is not a "doomsday scenario." It's actually more "sustainable, predictable, and affordable" than Dunleavy's plan.
A new committee substitute adopted Monday preserves K-12 funding and school bond debt reimbursement. The House sought to cut the latter by 50 percent.
A marathon, nearly nine-hour joint session of the legislature saw confirmation of Gov. Dunleavy's Cabinet. It was not without controversy, but also not without an unexpected outcome.
School districts and municipalities should budget for the full financial burden of new school construction projects at least through 2025.
Senate Finance Introduces Statutory Spending Cap, Hinting Movement Away from a Constitutional Amendment
Sen. Natasha von Imhof introduced a statutory spending cap in Senate Finance, hinting that the legislature might prefer stopping short of Gov. Dunleavy's preferred method of a constitutional amendment.