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AK HB65
Bill
Status
Introduced
1/20/2017
Primary Sponsor
George Rauscher
Click for details
AI Summary
- Directs the Department of Revenue commissioner to pay a supplemental 2016 permanent fund dividend to all eligible individuals who received the original 2016 dividend
- The supplemental dividend amount is calculated by dividing the total appropriated amount from the earnings reserve account by the number of 2016 dividend recipients
- Funds for the supplemental dividend must be appropriated from the earnings reserve account (AS 37.13.145) to the dividend fund (AS 43.23.045(a))
- Implementation is contingent on the Thirtieth Alaska State Legislature passing and enacting an appropriation for supplemental dividends before May 1, 2017
- Takes effect immediately upon enactment
Legislative Description
2016 Pfd Supplemental Payment
Public Finance
Last Action
COSPONSOR(S): REINBOLD, WILSON
3/3/2017
Committee Referrals
State Affairs1/20/2017
Full Bill Text
No bill text available