Legislature passes Permanent Fund bill
Bill authorizes state appropriation based on percent of fund’s market value; permanent fund dividend calculation remains unaltered Alan Bailey Petroleum News
In a move aimed at helping to close Alaska’s fiscal gap, on May 8 the state Legislature passed Senate Bill 26, a bill limiting state appropriations from the Permanent Fund to a percentage of the fund’s market value, or POMV. The concept is that, by capping the annual appropriation at an amount that....
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POMV calculation simplification
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