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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 Alaska Permanent Fund, which distributes money to Alaska residents annually, could be a model. Challenges include funding sources, legislative hurdles, and state-owned natural resources.
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Put simply, a permanent fund may be used to generate and disburse money to those entitled to receive payments by qualification or agreement, as in the case of Alaska citizens or residents that satisfy the rules for payment from their permanent fund from State oil revenues. It was first introduced through GASB Statement 34. The name of the fund ...
The Act lays out the specifics of the corporations' status. Here is an excerpt of the relevant portion: [5] 43 U.S.C. § 1606 (a) Division of Alaska into twelve geographic regions; common heritage and common interest of region; area of region commensurate with operations of Native association; boundary disputes, arbitration.
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Within the "Alaska Permanent Fund" Wikipedia article, "I have added a subsection respectively under "4 Issues with the Permanent Fund"; "4.3 Requisite of Jury Duty". I have appropriately cited the Alaska State Statutes and Alaska Court rules, Alaska Court rules are apparently enacted by the Supreme Court of Alaska.
Alaska has a Legislature. It is a bicameral institution, consisting of a lower chamber, the Alaska House of Representatives with 40 members, and an upper chamber, the Alaska Senate with 20 members. There are 40 House Districts (1-40) and 20 Senate Districts (A-T). [2] The Alaska Legislature meets in the State Capitol building in Juneau.