Members of the Alaska Legislature say they’re far apart on a long-term structure to stabilize state finances.
Speaker of the House Cathy Tilton, R-Wasilla, and Senate President Gary Stevens, R-Kodiak, talk before a joint session of the Alaska Legislature on Tuesday, Feb. 7, 2023, at the Alaska State Capitol in Juneau.
“At this point, the legislature has not shown meaningful interest in coming together to work on fiscal issues. Accordingly, the governor is not going to call them into special session and waste time and money,” he wrote in an email. House Joint Resolution 7, proposed by the House Ways and Means Committee, would guarantee a dividend, paid according to a formula set in law.
The Alaska Senate voted to approve a new formula this spring, but that proposal was amended by the House Ways and Means Committee and failed to advance through the House before the end of the legislative session. Most new dividend formulas involve splitting that transfer in some way, preserving some money for dividends and the rest for services.
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