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The Alaska Senate has approved its version of the state spending plan and agreed to a Permanent Fund dividend that would be the highest in state history. The Senate approved a Permanent Fund dividend payout of an estimated $2,300. But the amount is preliminary and has not been finalized.  The proposed dividend would exceed spending limits on the fund and require withdrawing $1.5 billion more from the earnings reserve than anticipated. The Alaska House and Senate now have approved versions of the state operating budget, with three negotiators from each chamber tasked with a compromise bill ...

Dunleavy administration proposes millions for biggest Alaska farming project in decades Print article JUNEAU — The administration of Gov. Mike Dunleavy is seeking $5 million for a 100,000-acre farming project west of the Interior town of Nenana. It’s one of a series of agricultural and land-development projects proposed by the governor in amendments to the annual capital budget, which funds construction and renovation projects across Alaska. Land sales in the new Nenana-Totchaket farming district could take place as soon as fall 2022, said Dave Shady, director of the Alaska Division o...

Alaska’s first plan to spend $1 billion in federal aid is being scrapped Published 1 day ago Share on Facebook Print article JUNEAU — Members of the Alaska Legislature are preparing to scrap a plan to use hundreds of millions in federal economic aid after new guidelines released Monday by the U.S. Department of the Treasury made the idea unaffordable. The first-draft plan proposed by members of the state House would have spent about $700 million this year to boost the Permanent Fund dividend, on infrastructure, and aid for tourism, nonprofits and some businesses. Funding would come ...

Alaska House plans to vote on its version of the operating budget again Monday Sean Maguire © Provided by Anchorage KTUU-TV Capitol Building in Juneau, Alaska JUNEAU, Alaska (KTUU) - After a week of deadlock, the Alaska House of Representatives looks set to vote on its version of the operating budget again on Monday, with hopes to send it to the Senate on the same day. House Speaker Louise Stutes, R-Kodiak, said her understanding is that all the unheard amendments will be considered, unless they’re withdrawn by the legislator who introduced them. The majority of the unhea...

No endgame in sight in Juneau Advertisement. For information about purchasing ads, please click here. No endgame in sight in Juneau The 121-day constitutional session limit is less than two weeks away, and there is no end in sight. The House kicked the operating budget back to the rules committee on Sunday after it became clear they did not have the 21 votes to pass a budget. Tension between the mostly Democratic House Majority and Republican Minority came to a boiling point on Sunday when minority members complained that all of their amendments were being not heard. One of those members, Re...