Work continues on restructure of permanent fund bill

A new version of the bill calls for limiting dividend payouts to $1,500 for residents this year and next.

A compromise bill to use Alaska Permanent Fund earnings to help pay down the state's multibillion-dollar deficit was rejected by the House Finance Committee.

A new version of the bill calls for limiting dividend payouts to $1,500 for residents this year and next.

The committee is expected to try again Friday.

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