Alaska SB274 sets the annual appropriation amount from the Alaska Permanent Fund based on a percentage of its average market value.
The bill amends the Alaska Permanent Fund Corporation's method for determining the annual appropriation amount. It sets the amount available for appropriation each fiscal year as a percentage of the average market value of the fund for the first five of the preceding six fiscal years. This change applies from fiscal year 2028 onwards, with specific percentages set for each fiscal year until 2033, after which it stabilizes at 4.5%.
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