Sen. Bert Stedman, R-Sitka, speaks with Rep. DeLena Johnson, R-Palmer, ahead of the final meeting of the budget conference committee on May 14, 2024.
The dividend payment of roughly $1,360 represents 25% of the Legislature’s annual draw on the Permanent Fund. That’s the figure passed by the Senate as part of what Senate Finance Committee chair Sen. Bert Stedman, R-Sitka, called the “living-within-our-means budget” when itin April. But Stedman warned that the House’s budget would require a draw from savings after accounting for capital projects, bills passed this session and other expenses.
“I do think that Alaskans recognize that this is a solid dividend this year,” Johnson told reporters after House and Senate members wrapped up their work on the budget’s conference committee.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: AKpublicnews - 🏆 387. / 55 Read more »