Bill to restore PFD cuts

 

January 12, 2017



JUNEAU (AP) – Bills that would restore the portion of Alaskans’ oil wealth checks

that were cut by Gov. Bill Walker last year were

filed Monday, ahead of the

start of the new legislative session.

The legislation to restore dividends was proposed by Republican Sen. Mike Dunleavy of Wasilla and incoming Republican Rep. David Eastman of Wasilla. Democratic Sen. Bill Wielechowski of Anchorage revived a proposal he has pushed previously with little success which he said would enshrine the current dividend formula in the state Constitution.

The Alaska Permanent Fund is a state nest egg of...



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