House passes bill finalizing budget, providing Permanent Fund Dividend


'Today’s outcome provides certainty to Alaskans, after the dividend was vetoed earlier this summer, that much-needed cash will land in their bank accounts'

JUNEAU — The House of Representatives today passed a bill that took the first step toward finalizing this year’s budget, including payment of an $1,100 Permanent Fund Dividend for every Alaskan.

 

House Bill 3003 passed 24-to-16 with unanimous support from the Alaska House Coalition.

 

“Today’s outcome provides certainty to Alaskans after the dividend was vetoed earlier this summer that much-needed cash will land in their bank accounts this fall,” Speaker Louise Stutes (R-Kodiak) said. “The dividend that found consensus is the most the state can afford to pay until Alaska’s structural budget deficit is resolved, a task we remain committed to taking on in the months ahead.”

 

Rep. Calvin Schrage (I-Anchorage), who served on the Fiscal Policy Working Group, added, “The job isn’t finished, but today was a step in the right direction that we took care of our most pressing concern—that Alaskans will receive a healthy dividend after it was vetoed earlier this summer. I look forward to the work we have ahead of us to resolve the recommendations of the Fiscal Policy Working Group.”

 

HB 3003 now heads to the Senate for consideration.

Phone
Phone: 907-465-4451
Fax: 907-465-3445

Address
State Capitol Room 208
Juneau AK, 99801