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The Permanent Fund Dividend (PFD) is a dividend paid to Alaska residents that have lived within the state for a full calendar year (January 1 – December 31), and intend to remain an Alaska resident indefinitely. [16] This means if residency is taken on January 2, the "calendar year" would not start until next January 1.
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.
The Board of Road Commissioners for Alaska, more commonly known as the Alaska Road Commission or ARC, was created in 1905 as a board of the U.S. War Department.It was responsible for the construction and improvement of many important Alaska highways, such as the Richardson Highway, Steese Highway, Elliot Highway and Edgerton Highway, among others. [5]
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 fund's earnings to eligible Alaska residents. During Governor Bill Walker's administration, the payments were reduced through the legislative budget process. [69]
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]
Alaska (/ əˈlæskə / ⓘ ə-LASS-kə) is a non-contiguous U.S. state on the northwest extremity of North America. It is in the Western United States region. The only other non-contiguous U.S. state is Hawaii. Alaska is also considered to be the northernmost, westernmost, and easternmost (the Aleutian Islands cross the 180th meridian into the ...
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 – no individual tax but has a state corporate income tax. Alaska has no state sales tax, but lets local governments collect their own sales taxes. Alaska has an annual Permanent Fund Dividend, derived from oil revenues, for all citizens living in Alaska after one calendar year, except for some convicted of criminal offenses. [9]