The Alaska Senate advanced legislation that would set a new Permanent Fund dividend formula in state statute — but it faces slim odds in the House, where a Republican-led majority supports a dividend twice the size.
State agency serving vulnerable Alaskans declines to take new cases amid staffing crisisOpponents of the Senate’s dividend bill spoke against the contingency language to pay a 50-50 dividend. Sen. Robb Myers, R-North Pole, said he felt like the $1.3 billion figure was designed to fail and that it was “a tease” for supporters of a larger PFD. Palmer Republican Shelley Hughes said raising that much new revenue was unattainable.
, voted against the Senate’s bill and said it faced zero chance of passing in the House. A member of the bipartisan majority’s leadership team, Wielechowski said proposals for new revenues should have been advanced for a final vote at the same time as the dividend formula rewrite.a framework for a long-term fix for Alaska’s structural deficit.
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