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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 .
Most taxpayers in 21 states that sent out stimulus checks or tax rebates in 2022 don’t need to pay federal taxes on those payments. ... Alaska also is included in this group, except for those ...
Tax rebates that were created by the law were paid to individual U.S. taxpayers during 2008. Most taxpayers below the income limit received a rebate of at least $300 per person ($600 for married couples filing jointly). Eligible taxpayers received, along with their individual payment, $300 per dependent child under the age of 17.
In 1976, the Alaska Permanent Fund was created by an amendment to the State Constitution. After years of political negotiations about what to do with the returns to the fund, Jay Hammond used the power of his office to craft an agreement to create a genuine universal basic income-- the Permanent Fund Dividend. Since implementation of the ...
New Jersey residents can check the status of their ANCHOR benefit online. If you haven't yet applied for your NJ ANCHOR benefit, the New Jersey Department of Taxation advises that you can still do ...
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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] Starting in 1982, dividends from the fund's annual growth have been paid out each year to eligible Alaskans, ranging from $331.29 in 1984 to $3,269.00 in 2008 (which included a one-time $1200 "Resource ...
Sep. 26—With pandemic-era federal relief funds set to dry up at the end of the month, many child care providers in Alaska say they're facing a stark choice: to significantly raise their rates or ...