Read e-book online Alaska’s Permanent Fund Dividend: Examining Its Suitability PDF

By Edited by Michael W. Howard Edited by Karl Widerquist

ISBN-10: 1137015020

ISBN-13: 9781137015020

ISBN-10: 1349294233

ISBN-13: 9781349294237

Contributors speak about the Alaska everlasting Fund (APF) and everlasting Fund Dividend (PFD) as a version either for source coverage and for social coverage. This publication explores no matter if different states, international locations, or areas would get advantages from an Alaskan-style dividend. The ebook additionally appears at attainable ways in which the version will be altered and improved.

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129. Groh and Erickson 1997, 31. 130. Hammond 1996, 2. CH A P T ER 3 How the APF and the PFD Operate: The Peculiar Mechanics of Alaska’s State Finances Gregg Erickson and Cliff Groh1 The establishment of the Alaska Permanent Fund (APF) and the Permanent Fund Dividend (PFD) created the most unusual features of the Last Frontier’s peculiar fiscal landscape. We offer here a description of how Alaska’s fiscal system works. 5 billion in petroleum revenue, almost all from oil development on Alaska’s North Slope.

Groh 1982b, 85. Author Groh observed this during House floor action. 121. Groh 1982b, 85. 122. Groh 1982b, 83 and 85; Alaska State Legislature 1982d, 1243. Vaska voted against the backstop direct distribution legislation when it was on the House floor the first time, but he voted for it when the bill that became law came before the House on final passage. Alaska State Legislature 1982d, 1244; and Alaska State Legislature 1982e, 2338–39. 123. Groh 1982b, 91–97. 124. Groh 1982b, 41–45, 97. 125. Alaska State Legislature 1982e, 2338–39 (vote on HCS CSSB 842 (Fin) am H); and Alaska State Legislature 1982g, 1731–32 (vote on HCS CSSB 842 (Fin) am H).

Although described as “permanent,” the fund proposed by Gov. Miller would have been available for appropriation. Kasson 1997, 14. Alaska Constitution, Article IX, Section 7. This constitutional provision included exceptions for funds existing at the time of statehood, or required for participation in federal programs. Harrison 2002, 143. Harrison 2002, 149–50. Alaska Department of Law 1969a, 2–3; Alaska Department of Law 1969b, 1–5. Alaska State Legislature 1975. Alaska Department of Law 1975, 24.

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Alaska’s Permanent Fund Dividend: Examining Its Suitability as a Model by Edited by Michael W. Howard Edited by Karl Widerquist

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