“Twenty-five percent of all bonuses and royalties from natural resource development are required by law to be deposited into the Permanent Fund, and from that, roughly 50% of realized earnings have historically been issued to Alaskans as dividends,” he wrote. “As oil revenues have declined, Alaskans are debating the best structure for the dividend program moving forward. I believe no change should be made without a vote of the people.”
Individuals who have lived in Alaska for the entire calendar year before the date they apply for a dividend and who “intend to remain an Alaska resident indefinitely” at the time they apply are eligible, according to the Permanent Fund Dividend Division’s website.
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