AK HCR101

Establishes a bicameral legislative working group to review the use of earnings from the Alaska permanent fund.

Working group consists of 4 members from the House of Representatives and 4 members from the Senate, appointed by each chamber's presiding officer and including minority caucus representation.

Working group shall examine the division of annual earnings draws, the permanent fund dividend formula, transfers from the earnings reserve account to the fund's principal, and whether earnings should be contained in a separate fund.

Working group shall meet as necessary and provide policy recommendations to the Thirty-First Alaska State Legislature on the future use of permanent fund earnings.

Acknowledges declining oil revenue and the current use of permanent fund earnings to fund essential public services, while supporting the fiduciary responsibility to grow the fund and maintain sustainable dividend payments.