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Rep Tiffany Zulkosky s State Budget Disappointments
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Governor, legislators propose protecting the Power Cost Equalization Fund. Here’s what it does Jill Burke © Provided by Anchorage KTUU-TV With one week left until the regular session ends, Gov. Mike Dunleavy unveiled a proposal to put a new Permanent Fund dividend formula in the constitution alongside a program that reduces power bills in rural Alaska.
ANCHORAGE, Alaska (KTUU) - Alaska Gov. Mike Dunleavy is encouraging the Legislature to constitutionally protect the payments that help lower energy costs for rural Alaskans.
On Wednesday, Dunleavy proposed moving the state’s $1 billion Power Cost Equalization Fund, or PCE, into the principle of the Permanent Fund. Protecting it through an amendment to the Alaska Constitution would ensure money drawn from the endowment’s earnings go where intended to help offset energy costs in rural Alaska.
Governor unveils new Permanent Fund proposal, joining legislators to resolve the dividend debate Maguire Maguire © Provided by Anchorage KTUU-TV With one week left until the regular session ends, Gov. Mike Dunleavy unveiled a proposal to put a new Permanent Fund dividend formula in the constitution alongside a program that reduces power bills in rural Alaska.
JUNEAU, Alaska (KTUU) - With one week left until the regular session ends, Gov. Mike Dunleavy has unveiled a proposal to put a new Permanent Fund dividend formula into the Alaska Constitution alongside a program that reduces power bills in rural Alaska.
Dunleavy said the PFD has dominated debate in the Legislature for years and has taken the oxygen out of the room.
No endgame in sight in Juneau
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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, Representative Steve Thompson (R – Fairbanks), stated that he had intended to vote yes, but changed his mind because of the process. But Thompson was the one who motioned to adjourn on Saturday night, meaning the budget would go into third reading the next day. When a bill is in third reading, amendments cannot be heard, only debate on the bill itself before a final vote. Thompson knew this. A
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