PFD

Sen. Bert Stedman, R-Sitka, chair of the bicameral conference committee tasked with hammering out differences in the state’s budget bill, signs the committee report as members finished their work on Tuesday, May 17, 2022. (Peter Segall / Juneau Empire

Committee compromises on PFD in budget plan

Members of the conference committee agreed Tuesday to a payment of about $3,800

 

Peter Segall / Juneau Empire
Sen. Gary Stevens, R-Kodiak, and Senate Finance Committee Co-chair Bert Stedman, R-Sitka, speak with Sen. Lyman Hoffman, D-Bethel, during an all-day debate on the state’s budget on the floor of the Alaska State Senate on Tuesday, May 9, 2022.

Senate OKs budget with $5,600 payments to Alaskans

Senators add nearly $1 billion in amendments

 

Alaska state Senate President Peter Micciche, center, looks on as lawmakers gather in front of him on the Senate floor on Wednesday, May 4, 2022, in Juneau, Alaska. A bill dealing with the annual dividend paid to residents was bumped from the Senate floor on Wednesday. Micciche said it did not have the votes to pass. (AP Photo/Becky Bohrer)

State lawmakers struggle with dividend debate

Legislative leaders have said they see resolving the divisive debate as critical

Alaska state Senate President Peter Micciche, center, looks on as lawmakers gather in front of him on the Senate floor on Wednesday, May 4, 2022, in Juneau, Alaska. A bill dealing with the annual dividend paid to residents was bumped from the Senate floor on Wednesday. Micciche said it did not have the votes to pass. (AP Photo/Becky Bohrer)
Lawmakers held a joint session of the Alaska State Legislature on Wednesday, May 4, 2022, to vote to confirm Gov. Mike Dunleavy’s appointments to state boards and commissions. All nominees were confirmed. (Peter Segall / Juneau Empire)
Lawmakers held a joint session of the Alaska State Legislature on Wednesday, May 4, 2022, to vote to confirm Gov. Mike Dunleavy’s appointments to state boards and commissions. All nominees were confirmed. (Peter Segall / Juneau Empire)
Alaska Gov. Mike Dunleavy speaks to reporters during a news conference at the state Capitol on Thursday, April 28, 2022, in Juneau, Alaska. Dunleavy discussed issues he would like to see the Legislature act on in the remaining weeks of the legislative session. (AP Photo/Becky Bohrer)
Alaska Gov. Mike Dunleavy speaks to reporters during a news conference at the state Capitol on Thursday, April 28, 2022, in Juneau, Alaska. Dunleavy discussed issues he would like to see the Legislature act on in the remaining weeks of the legislative session. (AP Photo/Becky Bohrer)
Alaska Department of Revenue Commissioner Lucinda Mahoney (Photo via the State of Alaska Department of Revenue)

Now is the time to establish firm fiscal policies

Limit spending into the future and ensure that our reserves are replenished and protected

Alaska Department of Revenue Commissioner Lucinda Mahoney (Photo via the State of Alaska Department of Revenue)
Peter Segall / Juneau Empire
The Alaska House of Representatives passed the state’s operating and mental health budget bills Saturday after a week of marathon floor sessions tackling amendments.
Peter Segall / Juneau Empire
The Alaska House of Representatives passed the state’s operating and mental health budget bills Saturday after a week of marathon floor sessions tackling amendments.
Michael S. Lockett / Juneau Empire
The deadline for the Alaska Permanent Fund Dividend, which comes from the fund managed by the Alaska Permanent Fund Corporation, is coming up fast, landing on March 31.

Deadline approaching to apply for PFD

This year’s payout is still being decided.

Michael S. Lockett / Juneau Empire
The deadline for the Alaska Permanent Fund Dividend, which comes from the fund managed by the Alaska Permanent Fund Corporation, is coming up fast, landing on March 31.
Katherine Hayes waves a flag and a sign urging Alaska lawmakers to fund a full oil wealth fund check, known locally as the PFD or Permanent Fund Dividend, Monday, July 8, 2019, in Wasilla, Alaska. Momentum is building for a constitutional convention question that will be on the ballot this year in Alaska, and similar questions will go before voters in Missouri and New Hampshire. Critics say the times are too partisan and the country is too divided to reopen state constitutions for rewriting or amendments. (AP Photo/Mark Thiessen, File)

State constitutional convention measures stoke partisan fear

PFD question is providing a tail wind for groups seeking to change the constitution to address a range of hot button topics

Katherine Hayes waves a flag and a sign urging Alaska lawmakers to fund a full oil wealth fund check, known locally as the PFD or Permanent Fund Dividend, Monday, July 8, 2019, in Wasilla, Alaska. Momentum is building for a constitutional convention question that will be on the ballot this year in Alaska, and similar questions will go before voters in Missouri and New Hampshire. Critics say the times are too partisan and the country is too divided to reopen state constitutions for rewriting or amendments. (AP Photo/Mark Thiessen, File)
Gov. Mike Dunleavy speaks about state revenue during a press conference on Tuesday, March 15, 2022 in Juneau, Alaska. (Screenshot)

Citing spike in oil prices, Dunleavy urges $3,700 PFD

Dunleavy said oil prices are still up overall and high inflation demands action

Gov. Mike Dunleavy speaks about state revenue during a press conference on Tuesday, March 15, 2022 in Juneau, Alaska. (Screenshot)
The Alaska Permanent Fund Corporation building in Juneau, Alaska, in October 2020. (Peter Segall / Juneau Empire file)

Legislators must guard our fund: Pass a constitutional PFD now

The failure to pay the dividend according to statute has created political chaos.

The Alaska Permanent Fund Corporation building in Juneau, Alaska, in October 2020. (Peter Segall / Juneau Empire file)
Peter Segall / Juneau Empire
Chair of the Alaska Permanent Fund Corp. Board of Trustees Craig Richards answers questions from the members of the Legislative Budget and Audit Committee on Monday. The committee called Richards and other members of the board to answer questions about the December firing of former APFC CEO Angela Rodell, who has claimed her termination was politically motivated.
Peter Segall / Juneau Empire
Chair of the Alaska Permanent Fund Corp. Board of Trustees Craig Richards answers questions from the members of the Legislative Budget and Audit Committee on Monday. The committee called Richards and other members of the board to answer questions about the December firing of former APFC CEO Angela Rodell, who has claimed her termination was politically motivated.
Former Gov. Frank Murkowski speaks on a range of subjects during an interview with the Juneau Empire in May 2019. (Michael Penn / Juneau Empire File)

Alaska Voices: Permanent fund integrity in peril?

Alaskans need to be kept informed of what the trustees are doing with their money.

Former Gov. Frank Murkowski speaks on a range of subjects during an interview with the Juneau Empire in May 2019. (Michael Penn / Juneau Empire File)
The Alaska Permanent Fund Corporation building in October 2020. (Peter Segall/Juneau Empire file)

PFD filing period opens

The 2022 PFD application period opened Jan. 1 and will close on March 31.

The Alaska Permanent Fund Corporation building in October 2020. (Peter Segall/Juneau Empire file)
This photo shows the Alaska State Capitol. The Capitol will be the site of a committee hearing next month that will focus on the recent firing of Alaska Permanent Fund Corp. CEO Angela Rodell. (Peter Segall / Juneau Empire File)
This photo shows the Alaska State Capitol. The Capitol will be the site of a committee hearing next month that will focus on the recent firing of Alaska Permanent Fund Corp. CEO Angela Rodell. (Peter Segall / Juneau Empire File)
Larry Persily

Point of View: Letting politics influence permanent fund decisions creates possibilities for misery

An impartial board of trustees is the only vaccine against politicizing the fund.

  • Dec 22, 2021
  • By Larry Persily For the Homer News
  • OpinionPFD
Larry Persily
Carl Marrs (courtesy)

Alaska Voices: Thank you, Legislators, for your fiscal responsibility

The bipartisan House Majority came together with a pledge to not overspend our permanent fund earnings.

Carl Marrs (courtesy)
Alaska Gov. Mike Dunleavy speaks about the proposed State of Alaska fiscal year 2023 operating and capital budget on Wednesday, Dec. 15, 2021, in Anchorage, Alaska. (Photo courtesy Office of the Governor)

Dunleavy releases $11 billion budget plan

The Kenai Bluff Stabilization project is among those that would receive funding

Alaska Gov. Mike Dunleavy speaks about the proposed State of Alaska fiscal year 2023 operating and capital budget on Wednesday, Dec. 15, 2021, in Anchorage, Alaska. (Photo courtesy Office of the Governor)
Alaska Permanent Fund Corporation CEO Angela Rodell speaks to the House Finance Committee on Thursday, June 24, 2021. Rodell was fired as CEO on Dec. 10 by APFC’s board, a decision which has lawmakers and others asking ‘why?’ (Peter Segall / Juneau Empire file)
Alaska Permanent Fund Corporation CEO Angela Rodell speaks to the House Finance Committee on Thursday, June 24, 2021. Rodell was fired as CEO on Dec. 10 by APFC’s board, a decision which has lawmakers and others asking ‘why?’ (Peter Segall / Juneau Empire file)