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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.
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] Petroleum: 5 Wyoming: Wyoming Permanent/Endowment Funds ...
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.
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 ...
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.
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The Alaska Permanent Fund is a constitutionally authorized appropriation of oil ... (equal to three years' payout, as the distribution of payments was held up in a ...
Jay Sterner Hammond (July 21, 1922 – August 2, 2005) was an American politician of the Republican Party, who served as the fourth governor of Alaska from 1974 to 1982. . Hammond was born in Troy, New York and served as a Marine Corps fighter pilot in World War II with the Black Sheep Squa