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AK SB24

Bill

Status

Introduced

1/16/2019

Primary Sponsor

Rules

Click for details

Origin

Senate

31st Legislature

AI Summary

  • Commissioner of revenue shall include additional payments of $1,061 in 2019, $1,289 in 2020, and $1,388 in 2021 in permanent fund dividends for eligible individuals.

  • Eligibility for 2019 payment requires receiving a 2016 permanent fund dividend and being eligible for a 2019 permanent fund dividend.

  • Eligibility for 2020 payment requires receiving a 2017 permanent fund dividend and being eligible for a 2020 permanent fund dividend.

  • Eligibility for 2021 payment requires receiving a 2018 permanent fund dividend and being eligible for a 2021 permanent fund dividend.

  • Funds appropriated from the earnings reserve account for these supplemental payments shall not contribute to the calculation of regular dividends for 2019, 2020, or 2021.

Legislative Description

Pfd Supplemental Payments

Public Finance

Last Action

REFERRED TO FINANCE

3/29/2019

Committee Referrals

Finance3/29/2019
State Affairs1/16/2019

Full Bill Text

No bill text available