Alaska Senate votes for $1,300 energy payment on top of PFD

A multi-story building
The Alaska Capitol on Wednesday, June 2, 2021. (Nat Herz/Alaska Public Media)

The Alaska Senate voted Monday for a $1,300 “energy relief” fee along with a dividend fee for residents this yr.

The vitality fee handed 12-7 as an modification to the state funds package deal that senators had been debating. The funds invoice because it got here to the ground included a dividend fee of about $2,500 this yr for residents. The vitality fee can be on high of that.

The whole payout to residents below the proposed Senate method can be in step with what Gov. Mike Dunleavy has advocated for this yr. The model of the funds that earlier handed the House included a dividend of about $1,250 and a $1,300 vitality fee.

During Senate debate Monday, supporters of a further vitality fee mentioned the state can afford it and that Alaskans are fighting excessive vitality prices. Senate Finance Committee Co-chair Bert Stedman mentioned the modification was not fiscally prudent. The value of the vitality fee is estimated at $840 million.

Debate on the package deal was anticipated all through the day.

Differences between the variations of the funds that go every the House and Senate are usually resolved in a convention committee.

Dividends historically are paid utilizing earnings of the state’s oil-wealth fund, the Alaska Permanent Fund.

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