Legislature passes Permanent Fund bill
Bill authorizes state appropriation based on percent of fundís market value; permanent fund dividend calculation remains unaltered
In a move aimed at helping to close Alaskaís 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 fundís market value, or POMV. The concept is that, by capping the annual appropriation at an amount that....
[additional news subjects in this story]
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 04/22/2019)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.