House struggles could risk Permanent Fund Corp. in long term

posted by Michael Ortega - 

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As the Alaska Legislature careens toward the end of its 2018 regular session, the head of the Alaska Permanent Fund Corporation is urging lawmakers to put brakes on their ability to spend from the fund.

A divided Alaska House of Representatives may not be able to deliver.

In a talk with reporters Friday, House Majority Leader Chris Tuck, D-Anchorage, said his 21-member caucus is having problems reaching agreement on a plan to draw money from the fund. Rep. Neal Foster, D-Nome and the lead negotiator for the House Majority, concurred with Tuck’s assessment.

House struggles could risk Permanent Fund Corp. in long term

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