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AK SB13

Bill

Status

Introduced

1/16/2019

Primary Sponsor

William Wielechowski

Click for details

Origin

Senate

31st Legislature

AI Summary

  • Directs the Department of Revenue to pay a supplemental permanent fund dividend to eligible individuals from funds appropriated by the legislature from the earnings reserve account to the dividend fund.

  • Calculates the dividend amount by dividing the total appropriated funds by the number of eligible individuals.

  • Defines eligible individuals as those who received a permanent fund dividend in 2016, 2017, or 2018 and are eligible for a 2019 permanent fund dividend.

  • Makes the supplemental dividend contingent on the legislature passing and enacting an appropriation for the supplemental dividend before June 30, 2019.

  • Takes effect immediately upon enactment.

Legislative Description

Pfd Supplemental Payment

Permanent Fund

Last Action

REFERRED TO STATE AFFAIRS

1/16/2019

Committee Referrals

State Affairs1/16/2019

Full Bill Text

No bill text available