Alaska House of Reps restores $2,000 PFD payout

Published: Jun. 14, 2017 at 10:46 PM AKDT
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The Alaska House of Representatives passed a measure Wednesday that would restore this year's Permanent Fund Dividend payout to just over $2,000.

The vote amended the state budget to set aside 1- point- five billion dollars, compared to the Senate's proposal of $700 million, which would have given Alaskans a one- thousand- dollar PFD payout.

The House has pushed for a larger PFD amount this session, while trying to implement a state tax plan to cover the majority of the state's budget deficit.

Governor Walker still holds the power to veto this amendment and move this year's PFD amount back to one- thousand- dollars.