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