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Alaska Legislature approves Permanent Fund managers to invest power cost equalization funds

Senate Bill 98 was intended to get more investment earnings for a fund that subsidizes power bills for roughly 82,000 Alaskans. ....

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Alaska Supreme Court confirms Rep. Lance Pruitt's 11-vote loss in Anchorage state House race

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The most senior Republican in the Alaska House of Representatives has lost his reelection bid, the Alaska Supreme Court confirmed Friday.
In a brief order, the court said Anchorage Rep. Lance Pruitt “has not met his burden to sustain an election contest,” thus confirming an 11-vote victory by Democratic challenger and Rep.-elect Liz Snyder.
“It was great to see that come out the way we anticipated it,” Snyder said.
Had Pruitt prevailed, it could have been enough to break a 20-20 House of Representatives tie in favor of Republicans.
Twenty-one votes are needed to control the House, which is currently divided between a 20-member Republican wing and a coalition including Snyder, 15 other Democrats, three independents and one Republican. Two years ago, a similar deadlock lasted for a month before Rep. Bryce Edgmon, I-Dillingham, was re-elected Speaker of the House. ....

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