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Vol. 23, No.19 Week of May 13, 2018
Providing coverage of Alaska and northern Canada's oil and gas industry


Legislature passes Permanent Fund bill

Bill authorizes state appropriation based on percent of fundís market value; permanent fund dividend calculation remains unaltered

Alan Bailey

Petroleum News

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....

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POMV calculation

simplification


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