AK HB11

Allows Alaska Permanent Fund Dividend (PFD) applicants to voluntarily contribute portions of their dividend to the state general fund or the permanent fund principal, in increments of $25 or more

Establishes priority order for contributions and donations when they exceed the dividend amount: first to existing charitable contributions (AS 43.23.130), then to charitable donations (AS 43.23.230), and last to the new general/permanent fund contributions

Requires the dividend disbursement stub to include a statement that the full dividend amount may be subject to federal income tax regardless of any contributions or donations made

Prohibits public agencies claiming dividends on behalf of individuals from making contributions to the general or permanent fund on those individuals' behalf

Requires the department to keep the new contribution option in a separate section of the electronic PFD application from existing charitable contribution options