Legislature(2019 - 2020)
2019-02-20 House Journal
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Full Journal pdf2019-02-20 House Journal Page 0165 are not going to deny them their ownership share of Alaska's mineral wealth. I urge your prompt and favorable action on this measure. Sincerely, /s/ Michael J. Dunleavy Governor" HB 47 HOUSE BILL NO. 47 by the House Rules Committee by request of the Governor, entitled: "An Act directing the Department of Revenue to pay dividends to certain eligible individuals; and providing for an effective date." was read the first time and referred to the State Affairs, Judiciary, and Finance Committees. The following fiscal note(s) apply: 1. Fiscal, Dept. of Revenue The Governor's transmittal letter dated January 15 follows: "Dear Chief Clerk, Under the authority of Article III, Section 18, of the Alaska Constitution, I am transmitting a bill that directs the payment of the unpaid amounts of the 2016, 2017, and 2018 Permanent Fund dividend. The payment of the unpaid amounts would be distributed to eligible individuals over the next three years. I believe that this action will correct an error that resulted in a decreased dividend. The Permanent Fund Dividend Program was established in 1980, to allow all Alaskans to benefit directly from Alaska's mineral and investment wealth. For years, the Alaska State Legislature, through a carefully balanced statutory formula, has assured a dividend payment that keeps the Permanent Fund on healthy financial footing, while at the same time, benefitting the mineral owners, Alaskans themselves.