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The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [ 2 ] by Article 9, Section 15 of the Alaska State Constitution [ 3 ] under Governor Jay Hammond and Attorney General Avrum Gross .
Alaska: Alaska Permanent Fund: 74.455 December 2022 [3] Petroleum: 2 Texas: Permanent School Fund: 55.624 August 2022 [4] Commodity / petroleum: 3 Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6] Petroleum: 5 Wyoming: Wyoming Permanent/Endowment Funds 12 ...
A measure transferring control of the Alaska Permanent Fund to a public corporation [30] Failed [48] 72,419 (27.08%) 194,975 (72.92%) Measure 4 A measure prohibiting local municipalities from setting property taxes above a certain amount [30] Failed [48] 80,276 (29.29%) 193,760 (70.71%) Measure 5 A measure removing penalties for adult marijuana ...
Most taxpayers in 21 states that sent out stimulus checks or tax rebates in 2022 don’t need to pay federal ... except for those who received the annual payment of Alaska's Permanent Fund ...
The Alaska Permanent Fund is a legislatively controlled appropriation established in 1976 to manage a surplus in state petroleum revenues from the recently constructed Trans-Alaska Pipeline System. From its initial principal of $734,000, the fund has grown to $40 billion as a result of oil royalties and capital investment programs. [27]
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Here are the standard deductions for the 2022 and 2023 tax years: Single: $12,950 for 2022, $13,850 for 2023. Married, filing jointly: $25,900 for 2022, $27,700 for 2023.
The annual minimum amount would be equal to 1 percent of the required state and local funding for public schools under 1988's Proposition 98. The funds would be distributed so that a greater proportion are given to schools that serve economically disadvantaged students.