Petersburg Pilot -

AK House backtracks on full dividend vote

 


JUNEAU, Alaska (AP) — The Alaska House’s populist vote earlier this week to pay Alaskans the full amount for their oil-wealth fund checks was undone Friday, as House leaders hoped to clear the way for a budget vote.

Lawmakers on Friday rescinded the earlier vote after debate over Alaska Permanent Fund dividends gummed up efforts to pass and send to the Senate a state operating budget.

Rather than a full payout, estimated at about $2,650, lawmakers voted for a $1,600 dividend this year.

Monday’s vote for a fully funded dividend, held during a drawn-out budget debate, split the House ma...



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