Four major themes define what must get done in the Legislature this year. They are fiscal, Medicaid, criminal justice, and oil and gas tax credit reform. These require us to address Alaska’s greatest cost drivers and to rethink outdated ways of doing business.
The House Finance Committee is working with the governor to create a Permanent Fund Endowment under House Bill 245 with an average annual draw from the Permanent Fund of 4.8 percent of the current value. This will pay for dividends and state services such as education, roads, ferries and public safety.