style

Alaska budget negotiators announce tentative deal as legislative session nears deadline

Font size+Author:Culture Chronicle news portalSource:world2024-06-03 19:36:25I want to comment(0)

JUNEAU, Alaska (AP) — Alaska budget negotiators announced a tentative agreement Tuesday that include

JUNEAU, Alaska (AP) — Alaska budget negotiators announced a tentative agreement Tuesday that includes direct payments to residents this year of about $1,655, winding down a budget process that lacked the acrimony of prior years.

Lawmakers face a Wednesday deadline to complete their work, with floor dockets packed with bills. But the atmosphere around the budget conference committee of House and Senate negotiators was bright and upbeat Tuesday morning — in contrast with prior years, when the size of the yearly dividend paid to residents was a major point of contention. This year’s legislative session has been marked by tension around education and energy issues, which remained in play.

The tentative budget deal calls for a roughly $1,360 dividend to residents this year, plus an energy relief payment of $295. Dividends are traditionally paid with earnings from the Alaska Permanent Fund, a state nest-egg seeded with oil money and grown over time through investments. People must meet residency requirements to be eligible for dividends.

Related articles
  • Israeli siblings Ron and Leah Polonsky chase Olympics from Bay Area rivals Stanford and Cal

    Israeli siblings Ron and Leah Polonsky chase Olympics from Bay Area rivals Stanford and Cal

    2024-06-03 19:22

  • Demi Moore's most revealing films from Striptease to Indecent Proposal

    Demi Moore's most revealing films from Striptease to Indecent Proposal

    2024-06-03 18:35

  • Chiefs' Butker has no regrets about controversial commencement speech

    Chiefs' Butker has no regrets about controversial commencement speech

    2024-06-03 17:08

  • FA Cup: Man United wins after stunning Man City 2

    FA Cup: Man United wins after stunning Man City 2

    2024-06-03 16:59

Netizen comments