Various states in the United States distribute stimulus checks to their residents as a form of financial aid. Such is the case of Alaska, a state that will be issuing payments of more than $1,300 on November 16.
The distribution of money falls under the Permanent Fund Dividend and is possible thanks to profits obtained in 2023 from the sale of oil in the state. In other words, the government will reward its residents for good oil sales.
“The 2023 PFD marks the 42nd year Alaskans have received their share of the state’s natural resource wealth. I would like to thank our Permanent Fund Dividend Division for their tireless work year-round in administering the program and processing the applications,” said Department of Revenue Commissioner Adam Crum in a statement.
“This year, we processed over 8,000 more applications than in 2022. The 2023 PFD will inject nearly $1 billion into the state’s economy and directly into the hands of Alaskans,” he wrote.
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State Rep. Cliff Groh helped draft the legislation establishing the Alaska Permanent Fund Dividend.
— Alaska Public Media News (@AKpublicnews) November 9, 2023
But now he says Alaskans should pay an income tax, to end the "Alaska Disconnect" of expecting free government in perpetuity. https://t.co/9owTjlg6tX
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