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Alaska Senate passes its budget with $5,500 in cash payments

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The budget passed on a 15-5 vote. Typically, if the House of Representatives and the Senate pass different versions of the budget, a conference committee is called to reconcile those differences, so a single bill can pass through both chambers.

Sen. Mike Shower, R-Wasilla, said the state treasury has the funds for a larger dividend and for infrastructure projects after not paying a statutory dividend in recent years. Sen. Roger Holland, R-Anchorage, said substantial savings would have been great, but that the budget should not be balanced on the backs of Alaskans.

“I speak for Alaskans today who think beyond the next election cycle,” von Imhof said. “I will not be supportive of this defective budget.” “I also want the people to hear loud and clear,” Shower said. “That if we start where we are, that’s the maximum you’re going to see. You’re probably going to see less.”

“The dividend would be large enough not just to fill our fuel tanks, but to invest in ourselves, in our state, in our small businesses,” Myers said.

 

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