Senate Bill 109 follows the "75-25″ model, where three-quarters of an annual draw from Permanent Fund earnings would be directed to state services and the rest would go to the dividend.
All seven members of the Alaska Senate’s powerful finance committee on Monday proposed rewriting the payment formula for the annual Permanent Fund dividend, renewing the Senate’s effort to ...
Senate Bill 109 follows the “75-25″ model, where three-quarters of an annual draw from Permanent Fund earnings would be directed to state services and the rest would go to the dividend.