News from the Alaska State Legislature, the Office of Majority Office
For Immediate Release: July 29, 2019

Senate Restores Critical Programs, Provides for Sustainable PFD

Office_stamp.jpgMajority Press Office   Web Site    Send Email

JUNEAU – The Alaska Senate today voted to restore funding for programs critical to Alaskans and provide for a sustainable Permanent Fund dividend amount.  

House Bill 2001 reverses about 80 percent of the governor’s cuts to public safety, health, and education and would pay each eligible Alaskan a $1,600 dividend later this year. The successful vote formally ended a several month-long impasse in the Senate over the dividend amount.

“Today’s vote is about moving Alaska forward,” said Senator Natasha von Imhof, R-Anchorage, co-chair of the Senate Finance Committee. “This compromise bill restores funding to programs affecting the life, health and safety of Alaskans while also paying out the largest dividend we can afford.”   

A law enacted last year caps spending from the Permanent Fund at a sustainable rate. Without reforming the decade’s old dividend formula, lawmakers could not find agreement on a dividend larger than $1,600.   

“Our predecessors had the vision to protect Alaska’s oil wealth for the future, and we must do the same,” said Senator Bert Stedman, R-Sitka, co-chair of the Senate Finance Committee. “The Permanent Fund is not for us to squander. We must do everything in our power to protect it for future generations.”

HB 2001 passed the Senate 17-1 and is now on its way to the Alaska House of Representatives for a concurrence vote.

The Alaska Legislature today also approved a capital budget, Senate Bill 2002, providing the state’s private sector with $1 billion in federal matching funds for highway and construction projects.

“We appreciate the governor adding the capital budget to the agenda,” Sen. Von Imhof said. “With its passage, we’ll save thousands of Alaska jobs and bring in more than $1 billion in federal matching funds.”

The bill also addresses the ‘reverse sweep’ issue, which will save scholarships for 12,000 students, reduce energy prices in rural Alaska by protecting the Power Cost Equalization program, and provide grants to organizations that combat domestic violence and homelessness.

For more information, contact Senate Majority Communications Director Daniel McDonald at (907) 465-4066.

###

Share this on Twitter Tweet icon-facebook.png Share

News & Videos more >

Majority Press Office

Alaska Senators Praise Proposed Roadless Rule Exemption

JUNEAU – Today, the U.S. Department of Agriculture announced it is seeking public comment on a draft environmental impact statement offering alternatives to roadless management and a...  Full Story >>

Senator David Wilson

Sen. Wilson Welcomes More Mental Health Treatment Options for Alaskans

WASILLA – Sen. David Wilson, R-Wasilla, Chairman of the Senate Health and Social Services Committee, welcomed the approval Tuesday of the state’s behavioral health portion of its...  Full Story >>

Senator Cathy Giessel

Statement from Senate President Giessel on BP Sale to Hilcorp

ANCHORAGE – BP today announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska.  Full Story >>

Senator Chris Birch

Chris Birch, Senator, Engineer & Grandfather, Passes Away at 68

JUNEAU – Anchorage Senator Chris Birch passed away on Wednesday. He was 68 years old.  Full Story >>

Majority Press Office

Senate Restores Critical Programs, Provides for Sustainable PFD

JUNEAU – The Alaska Senate today voted to restore funding for programs critical to Alaskans and provide for a sustainable Permanent Fund dividend amount.  Full Story >>

Senator Cathy Giessel

Governor’s Call Amended to Include Capital Budget

Today, Governor Mike Dunleavy amended his call for the Second Special Session to include the unfinished capital budget appropriations bill and to change the session location from...  Full Story >>

Senator Cathy Giessel

Legislative Leaders Act With a Sense of Urgency as Veto Overrides Fail

This week, the clock ran out on the Alaska Legislature's constitutional opportunity to reject Gov. Mike Dunleavy's $444 million in budget vetoes through an override vote supported by...  Full Story >>

Majority Press Office

Alaska Legislature to hold veto override session on Wednesday

Joint floor session scheduled for 11:30a.m. in the Alaska State Capitol  Full Story >>

Senator Cathy Giessel

Statement from Alaska Senate President on Governor’s Vetoes

ANCHORAGE – Senate President Cathy Giessel, R-Anchorage, today released the following statement on Governor Mike Dunleavy’s announced vetoes to the state’s operating budget....  Full Story >>

Majority Press Office

Legislature to Meet in Juneau, Hold Most Meetings in Anchorage

JUNEAU – The Alaska Legislature announced today it will convene in Juneau on July 8th for the 2nd special session, with the majority of meetings to be held in Anchorage....  Full Story >>

Find your Senator full map