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The House of Representatives will consider a bill on the House floor on Tuesday that would add back roughly $330 million in spending, and give Alaskans $1,600 in Permanent Fund dividends this year, less than half of what the statutory formula would give them.
The bill only allows $91 million of Gov. Michael Dunleavy’s Undesignated General Fund vetoes to stand.
The numbers don’t quite add up to the $444 million that was cut by Dunleavy as there are differences between what is designated and undesignated funds. The House Finance Committee members had a number of questions about how the numbers were arrived at, and members expressed confusion.