17-06-2016 03:10 via alaskapublic.org

Dividend checks would drop, but not by as much, under revised bill

Alaskans’ Permanent Fund dividends would still be cut, but not as much, under a new version of a bill to restructure fund earnings.
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The House Finance Committee introduced a new version of Senate Bill 128 today. Dividend checks would drop by about $500, instead of the $1,000 cut included in the Senate’s version of the bill.
After two years, the dividend would depend on the price of oil. It’s currently projected to fall to $1,000 per year. But it would rise to as m
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