The Alaska Senate could be voting as soon as next week on legislation aimed at rewriting the formula that sets the amounts of permanent fund dividends.
if inflation drives up state spending or if the capital budget increases to pay for maintenance that’s been put off.
Anchorage Republican Sen. Natasha von Imhof said the Legislature shouldn’t count on high oil prices. She recently announced that she isn’t running for re-election. “Just like you don’t build a church for attendance on Christmas and Easter, you don’t pass a dividend bill based on $90 [per barrel] in oil,” she said. “We need to find something that’s sustainable and affordable over time.”“We’ve been calling and calling and calling for the past how many years now? Do you guys listen? Or do you guys have cotton swabs in your ears?” asked Magnus Sampson who called in from Dillingham.
The Senate Finance Committee is aiming to pass one or both bills this week, setting up debate by the entire Senate next week.State government plays an outsized role in the life of Alaskans. As the state continues to go through the painful process of deciding what its priorities are, I bring Alaskans to the scene of a government in transition.
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