NEWS: Bill Signed to Modernize Alaska’s Public School Trust Fund Using POMV Model

Fairbanks – Today, legislation was signed into law changing the management structure of the $675 million Alaska Public School Trust Fund to a percent of market value (POMV) system. POMV has become the standard global management approach for large endowments and trusts. House Bill 213, sponsored by Representative Justin Parish (D-Juneau), will result in a significant increase in funding available for public education in Alaska.

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Alaska Lawmakers Oppose Any Federal Policy Separating Children from Parents at the Southern Border

Anchorage – Today, 21 members of the Alaska State Legislature sent a letter to President Donald Trump thanking him for responding to the wishes of the American people by pledging to end the practice of separating children from families that illegally cross the southern border of the United States. The President has confirmed that he will use his executive order authority to stop the practice, which his administration implemented earlier this year. The lead author of the letter is long-time State Representative David Guttenberg (D-Fairbanks) who notes that the policy was an inappropriate and ineffective use of government resources and taxpayer dollars.

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Coalition Members Reflect on the 30th Alaska Legislature

Juneau – After a flurry of legislative action, the Alaska House of Representatives joined the Alaska Senate in adjourning the Second Session of the 30th Alaska Legislature sine die early Sunday morning. Members of the Alaska House Majority Coalition reflected on the legislative achievements of the session.

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