If approved by voters, the dividend would be paid out annually at the amount in state statute. Supporters say it would force legislators to pass a fiscal plan.
JUNEAU — A proposed amendment to the Alaska Constitution that would guarantee an annual Permanent Fund dividend has advanced to a vote on the House floor.would pay out whatever dividend was set in state law. The 1982 dividend formula would currently be used. If followed this year, eligible Alaskans would receive a roughly $3,400 dividend, but the budget would be close toRep.
Two-thirds of the House and Senate would need to approve the constitutional amendment to put it before voters at the November election. Several lawmakers said the numbers could be close in the House to meet the 27-vote threshold. Rep. Andy Josephson, D-Anchorage, on Tuesday said he would do whatever he could to ensure the measure did not pass because it was “an appallingly bad idea.”
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