Legislature(2021 - 2022)

2021-02-18 House Journal

Full Journal pdf

2021-02-18                     House Journal                      Page 0133
HB 72                                                                                                                         
HOUSE BILL NO. 72 by the House Rules Committee by request of                                                                    
the Governor, entitled:                                                                                                         
                                                                                                                                
     "An Act making an appropriation from the earnings reserve                                                                  
     account for the payment of permanent fund dividends; and                                                                   
     providing for an effective date."                                                                                          
                                                                                                                                
was read the first time and referred to the Finance Committee.                                                                  
                                                                                                                                

2021-02-18                     House Journal                      Page 0134
The Governor's transmittal letter dated January 19 follows:                                                                     
                                                                                                                                
"Dear Chief Clerk:                                                                                                              
                                                                                                                                
Under the authority of Article III, Section 18 of the Alaska                                                                    
Constitution, I am transmitting a bill relating to special appropriations                                                       
for the payment of permanent fund dividends for fiscal year 2022.                                                               
                                                                                                                                
This bill appropriates $2.023 billion from the permanent fund earnings                                                          
reserve account to pay a permanent fund dividend to every qualified                                                             
Alaska resident at the full statutory formula, estimated to be $3,000 for                                                       
each individual.                                                                                                                
                                                                                                                                
I look forward to working with the Legislature on the timely passage                                                            
and implementation of the fiscal year 2022 permanent fund dividend                                                              
appropriation.                                                                                                                  
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Mike Dunleavy                                                                                                                   
Governor"