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Alaska Senate approves budget that includes $5,500 payments to residents - Alaska Public Media

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Alaska’s Senate has approved a budget that would draw on savings to send $5,500 in payments to residents. It now heads to the House. Representatives could concur with the budget or appoint a conference committee to reconcile the two bodies’ plans.

Sen. Mike Shower, R-Wasilla, speaks in a committee meeting in 2019. Shower proposed a budget amendment that passed 10-9 on Monday to provide payouts to residents of roughly $5,500.

The Senate Finance Committee originally proposed Permanent Fund dividends of roughly $2,600 — that’s half of the total draw from the state’s sovereign wealth fund. The total proposed payout to residents rose to nearly $4,000 after the Senate approved anSen. Mike Shower proposed hiking payouts further to a total of roughly $5,500. The Wasilla Republican said the proposal would give the Senate room to negotiate the final figure with the House.

Another big-ticket addition to the budget came on Tuesday when a coalition of senators proposed a $280 million package for improvements to the Port of Nome and Port of Alaska in Anchorage, along with road projects in the Mat-Su Borough. “The Corps found that this regional hub port at Nome has the unique opportunity in remote Alaska to improve the viability of numerous Alaska Native communities, strengthen the resiliency of the region, as well as serve as a critical outpost for national security

 

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At least Sarah Palin had the decency to raise taxes on the oil companies before she started handing out free money.

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