House Finance Committee Seek Change To PFD Formula Amid Special Session

first_imgFacebook0TwitterEmailPrintFriendly分享The House Finance Committee brought forward a bill seeking changes to the dividend formula going forward. The bill comes a week into the special session. The major items on the call are; the size of permanent fund dividend, crime legislation, and the budget. Knopp: “The PFD is on the call, but this comes with a catch. Representative Wilson is suggesting we pay out a $3,000 dividend, but as you know it comes with the caveat that we have to write another bill to restructure the formula. That would mean that the governor would have to add that to the call, so I think it’s a long shot.” The current dividend calculation hasn’t been followed the last three years amid an ongoing budget deficit, and dividend payouts have been reduced. Governor Mike Dunleavy has called for a full dividend and said that voters should have a say on any changes to the dividend program. HB 1005 was introduced by Representative Tammie Wilson. Representative Gary Knopp, member of the House Finance Committee: “It is simply an idea that Representative Wilson rolled out to try and find a compromise with the Senate so we can get wrapped up and get out of here.” last_img

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