Memo suggests House Permanent Fund bill would likely survive challenge
The House version of a bill to draw money from Permanent Fund earnings would likely survive a legal challenge, according to the Legislature’s top legal adviser.
The issue in question was a provision of Senate Bill 26 that was added by the House. The provision said the bill will only go into effect if the Legislature also passed bills that institute a broad-based tax, like an income or sales tax, and that raise oil and gas taxes.
Members of the House minority who opposed the provi
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