New version of bill limiting PFD to $1,500 fails in House Finance Committee
JUNEAU, Alaska (AP) — A compromise bill calling for limited Alaska Permanent Fund dividend checks to counter the state's multibillion-dollar fiscal shortfall has failed to pass out of the House Finance Committee.
A deeply divided committee voted 5-6 Friday to move the bill to a full vote on the House floor as the special session winds down.
The new version of the bill rejected by the 11-member committee called for limiting dividend payouts to $1,500 for residents this year and next. The previous version, which passed the Senate, limits distributions to $1,000 the next three years.
Rep. Tammie Wilson echoed what many of the other no votes expressed, that she couldn't support the legislation with a lack of buy-in from her constituents.
The vote was taken after committee members noted Gov. Bill Walker has indicated the likelihood of calling for another special session following the current one, which ends Tuesday.
A spokeswoman for Walker did not immediately respond to requests for comment Friday.