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Governor Dunleavy Continues to Push for a Full Statutory 2019 PFD

Feb 19, 2020

Governor Mike Dunleavy today submitted a budget amendment to the Alaska Legislature that fully funds the 2019 Permanent Fund Dividend. If approved by lawmakers this session, every eligible Alaskan would receive a PFD payment of $1,304.00 as called for in state statute.

“I made a promise to Alaskans that I would always follow the law, and part of that promise includes a full statutory PFD payment,” said Governor Dunleavy. “The hope was this issue would be resolved in a special session last fall.”

The supplemental appropriation for the 2019 PFD totals $815 million and would be funded through the Alaska Permanent Fund’s Earning Reserve Account. The earnings reserve account’s current balance is $18 billion.