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Alaska’s House omits PFD from 2026 budget draft, citing low oil prices; final payout to be set in May.
The Alaska House has excluded the Permanent Fund Dividend from its 2026 budget draft, a move consistent with past practice, citing low oil prices and fiscal constraints.
While Governor Dunleavy proposed a $3,600 payout, lawmakers deemed it unaffordable, with the draft starting with an $800 million surplus.
Republicans warn the zero baseline may weaken fiscal discipline and encourage overspending, while majority leaders say it allows room for debate on education, pensions, and other priorities.
The final dividend, expected between $750 and $1,400, will be determined after a new revenue forecast in mid-March, with the official amount set in May.
La Cámara de Alaska omite PFD del proyecto de presupuesto de 2026, citando bajos precios del petróleo; el pago final se establecerá en mayo.