Alaska Senate fails to revive oil-wealth fund dividend bill

JUNEAU, Alaska (AP) — The Alaska Senate failed Monday to revive a bill that would pay residents a full dividend of about $3,000 from the state’s oil-wealth fund this year, a sign of the struggle lawmakers are having in reaching agreement on one of the special session’s last issues.

Instead, senators narrowly voted to create a working group with the House to make recommendations on future use of Alaska Permanent Fund earnings. The House approved the measure Sunday.

Some suggested existing committees could buckle down on the issue and questioned whether the group’s findings would sway any hard-h...

 

Reader Comments(0)