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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. From February ...
The U.S. state of Alaska dispenses a form of citizen's dividend in its Permanent Fund dividend, which holds investments initially seeded by the state's revenue from mineral resources, particularly petroleum. In 2005, every eligible Alaskan resident (including children) received a check for $845.76.
Alaska faces the prospect of a partial government shutdown next week amid an ongoing legislative dispute over how much to pay residents in the form of an annual dividend from the state’s nest ...
The session, announced in May, is intended to write a new formula for the annual Alaska Permanent Fund dividend payment, though the issue has not yet been listed on the session's formal agenda. In ...
State Fund Assets Origin Value (in billions) As of Ref. 1 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 ...
Aug. 28—JUNEAU — Two weeks into their third special session of 2021, members of the Alaska Legislature say they do not know when this year's Permanent Fund dividend will be paid, do not know ...
As a candidate [67] and governor, Dunleavy advocated for the Alaska Permanent Fund Dividend (PFD), consistently pushing for full statutory payments to Alaskans. [68] The Alaska Permanent Fund is a state-owned investment fund established in 1976 to invest surplus revenue from Alaska's oil and gas reserves. The PFD is an annual payout from the ...
Alaska Energy prices have been the center of the inflation universe, and Alaska wants to help ease the burden of those high prices for its residents. It will do so via the 2022 Permanent Dividend ...