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Senate President Cathy Giessel and House Speaker Bryce Edgmon asked Gov. Michael Dunleavy to call a third Special Session in order to hammer out a formula for the Permanent Fund dividend going forward.
The two made the request in a letter to the governor on Wednesday. The current special session runs through Aug. 7, and both the House and Senate are currently adjourned until Aug. 6.
“Among our discussions in the legislature is the future use of the earnings of the Alaska Permanent Fund and the need to consider policy issues relevant to the long-term sustainability of the Fund and the PFD. There is also broad recognition that given the complexity involved that attempting to find a solution during a regular legislative session is difficult if not virtually impractical,” they wrote.