The annual payment allows for Alaskans to share in a portion of the State minerals revenue in the form of a dividend to benefit current and future generations. Eligibility to receive a Permanent Fund Dividend is defined by the Alaska Legislature through Statute and Regulation.
A person must spend at least 30 cumulative days in Alaska during the past five years. Military spouses and dependent children who are absent from Alaska due to only active duty military assignments (such as a PCS) must be accompanying an eligible Alaska resident in order to themselves maintain eligibility for a PFD .
Eligibility Requirements Sentenced as a result of a felony conviction during 2019; Incarcerated at any time during 2019 as the result of a felony conviction; or. Incarcerated at any time during 2019 as the result of a misdemeanor conviction in Alaska if convicted of a prior felony or two or more prior misdemeanors since January 1, 1997.
This year’s Alaska Permanent Fund dividend will be $992 , the Alaska Department of Revenue said in a written statement on June 12. While state legislators and Gov. Mike Dunleavy referred to a “thousand-dollar dividend” this year, lawmakers didn’t set a precise amount.
The lowest individual dividend payout was $331.29 in 1984 and the highest was $2,072 in 2015. However, in 2008 Governor Sarah Palin signed Senate Bill 4002 that used revenues generated from the state’s natural resources and provided a one-time special payment of $1,200 to every Alaskan eligible for the PFD.
|Travis Scott Meal||$6.00|
|Big Mac – Meal||$5.99|
|2 Cheeseburgers – Meal||$4.89|
Residential Leasing in Alaska As of 2016, renting an apartment in Anchorage area costs an average of $1,135 per month. Kenai, a small town, is somewhat cheaper, with an average rent of $888 per month for all apartment types.
The federal and state agencies in Alaska do not offer free land . The State of Alaska’s Department of Natural Resources however does have a Public Land Sale program and some other organizations in Alaska may occasionally offer land for sale to private citizens.
Felons wanting to make that drive up the Pacific Coast Highway, through Canada, and on to Alaska , can do that. This trip, even though Alaska is one of the U.S. states, and they may have friends or family in Alaska , remains possible. Felons must plan the trip well in advance of the time when they wish to go .
Those who were convicted of a prior felony or multiple misdemeanors in 1997 or later also forfeit their annual dividend if they are incarcerated to due a misdemeanor during the year in question.
Alaskans have until March 31st to submit their application for this year’s PFD .
Cost of Living in Anchorage
|Milk (regular), (1 gallon )||3.87$|
|Loaf of Fresh White Bread (1 lb)||3.57$|
|Rice (white), (1 lb)||3.14$|
|Eggs (regular) (12)||3.08$|
The Alaska Department of Revenue has finalized the 2020 dividend amount at $992 . While the PFD is normally distributed in October, Gov.
Alaska runs a program called the Alaska Permanent Fund, which, per the state website, allots an equal amount of the state’s oil royalties to every resident through an annual dividend. In 2018, that dividend came out to $1,600 per person.