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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.
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 ...
In 1971, the Alaska Native Claims Settlement Act was signed into law by President Nixon. [1] It abrogated Native claims to aboriginal lands except those that are the subject of the law. [1] [29] In return, Natives retained up to 44 million acres (180,000 km 2) of land and were paid $963 million.
A similar pilot program is underway in the Italian city of Livorno, as well as the state of Alaska, which currently pays residents $1,000 per year out of the state's oil revenue.
Citizen's dividend is a proposed policy based upon the Georgist principle that the natural world is the common property of all people. It is proposed that all citizens receive regular payments ( dividends ) from revenue raised by leasing or taxing the monopoly of valuable land and other natural resources .
The regional and village corporations are now owned by Alaska Native people through privately owned shares of corporation stock. Alaska Natives alive at ANCSA's enactment on December 17, 1971, who enrolled in a Native association (at the regional and/or village level) received 100 shares of stock in the respective corporation.
By Nate Raymond (Reuters) -The U.S. Supreme Court declined on Monday to hear a challenge based on constitutional free speech protections to a voter-approved measure in Alaska that requires greater ...
The U.S. purchased Alaska, a territory from Russia, in 1867 for 586,412 square miles of territory for $12 per square mile, less than two cents an acre, for a total of $7.2 million. Alaska didn’t ...