New Permanent Fund draw proposal rolled out

posted by Michael Ortega - 

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State lawmakers knew they would have to dip into the Permanent Fund earnings to cover state spending; on Wednesday, they rolled out a plan for coming years.

A special joint committee made up of three members each from the House and Senate briefly discussed the plan and adjourned without taking action.

The two chambers have long differed on how much of the fund’s value should be used for state spending and the dividend checks.

New Permanent Fund draw proposal rolled out

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