18-11-2016 01:52 via alaskapublic.org

Judge upholds Walker’s veto halving Permanent Fund dividends

The Alaska Permanent Fund Corp.’s exterior sign. A judge ruled in favor of the corporation and upheld Gov. Bill Walker’s veto of half of dividend funding. (Photo by Skip Gray, 360 North)Governor Bill Walker’s veto of half the Permanent Fund dividend money will stand for now. A judge found Thursday that Walker had the authority to cut the money.
In a lawsuit, Sen. Bill Wielechowski sought to reverse Gov. Walker’s veto of $666 million. He argued in court that the const
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