$1,000 PFD approved by legislative conference committee as part of final compromise state budget

Alaska Legislature finalizes $1,000 PFD; vote expected as soon as Tuesday

Members of the Alaska Legislature's budget conference committee are joined by Sen. Bill Wielechowski, D-Anchorage, as they discuss a budget amendment with aide Pete Ecklund, right, on Sunday, May 18, 2025. (Photo by James Brooks/Alaska Beacon)This year’s Permanent Fund dividend will be $1,000, according to a final draft state budget approved Sunday afternoon by six House and Senate negotiators. The dividend was among the biggest items in a $5.9 …

Has legislative budget negotiation process just jumped the shark by going into 'free conference'?

In the legislative process called “conference committee,” legislators from the House and Senate are appointed to a joint committee to hash out differences in the budgets passed by the respective bodies. On Sunday, the Conference Committee waded into “free conference” zone, which is when they start adding things to the budget that have not been […] The post Has legislative budget negotiation process just jumped the shark by going into ‘free confe…

$1,000 PFD approved by legislative conference committee as part of final compromise state budget

Lower-than-expected oil prices results in lowest inflation-adjusted dividend since payouts began in 1982.