International Forum of Sovereign Wealth Funds<\/a> held its annual conference in Juneau because of the Alaska Permanent Fund.<\/p>\nThe amendment for a statutory PFD failed, as did a separate amendment from Eastman to pay a supplemental dividend based on interest earned on the difference between the statutory formula and the PFD amounts paid beginning in 2017.<\/p>\n
Eastman also forwarded several amendments expressing legislative intent to have state money not go to entities with certain policies regarding COVID-19 vaccines. Amendments to block funding to entities that required vaccines in adults or minors failed, but an amendment intending to block funding to entities which “solicit, collect or maintain,” COVID-19 vaccine status information passed.<\/p>\n
That vote passed narrowly, with Rep. Chris Tuck, D-Anchorage, crossing party lines to vote with the minority.<\/p>\n
Eastman and several minority members said they had heard significant concern from constituents about the perceived erosion of civil liberties, even as members of the majority pointed out that vaccine requirements have been upheld by the U.S. Supreme Court for decades.<\/p>\n
Another of Eastman’s amendments would have liquidated the Power Cost Equalization fund and transferred the money to the Constitutional Budget Reserve. That amendment failed 38-2 with only Eastman and Kurka voting to approve.<\/p>\n
“We all want a strong PCE program,” said Rep. Mike Cronk, R-Tok, speaking against the amendment. “It not only pays for the subsidy but it pays for the infrastructure we all want.”<\/p>\n
Once passed the bill will go to the Senate before coming back to the House of Representatives. The current special session ends Sept. 15.<\/p>\n
House members were still debating amendments as of 5:30 p.m.<\/p>\n
• Contact reporter Peter Segall at psegall@juneauempire.com. Follow him on Twitter at @SegallJnuEmpire.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Dividend divisions. <\/p>\n","protected":false},"author":531,"featured_media":74811,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","wds_primary_category":9,"footnotes":""},"categories":[9,4],"tags":[34,652,230],"yst_prominent_words":[],"class_list":["post-74810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-news","tag-alaska-legislature","tag-pfd","tag-state-news"],"_links":{"self":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/74810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/users\/531"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/comments?post=74810"}],"version-history":[{"count":0,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/74810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media\/74811"}],"wp:attachment":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media?parent=74810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/categories?post=74810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/tags?post=74810"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/yst_prominent_words?post=74810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}