Legislature(2001 - 2002)
2001-07-20 Senate Journal
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Full Journal pdf2001-07-20 Senate Journal Page 1881 Therefore, I have vetoed this bill. Sincerely, /s/ Tony Knowles Governor SB 193 Message dated and received July 7, stating: Dear President Halford: Under the authority of art. II, sec. 15 of the Alaska Constitution, I have vetoed the following bill: CS FOR SENATE BILL NO. 193(FIN) "An Act making a special appropriation to the Alaska Legislative Council for a study of the economic and social effects of the permanent fund dividend on the state; and providing for an effective date." Alaska's Permanent Fund dividend program is a unique opportunity for Alaskans to directly benefit from the resource wealth of our state. It plays a significant role in the Alaska economy, comprising a significant portion of the income of the average Alaska family and creating more than an estimated 8,000 Alaska jobs. The Permanent Fund also has helped motivate Alaskans to participate in public policy issues regarding state fiscal issues. Throughout my administration, I have insisted that any significant changes in this popular program must include a vote of the people. Likewise, I believe that any uses of Permanent Fund earnings must meet the highest standards of public benefit. The study contemplated in this special appropriation bill does not further the interests of the Permanent Fund, the dividend program, or the financial health of the state. It would use $200,000 of Permanent Fund income to analyze the economic and social impacts of the dividend program. A legislative study of this sort is unnecessary. We already know Alaska families use their dividends in a variety of ways and I trust those families to make use of this income in the manner that