Anchorage, AK – Earlier this afternoon, Governor Mike Dunleavy released his proposed Fiscal Year 2026 budget, which must be submitted to the legislature by December 15 each year. The legislature will convene on January 21, 2025, to consider the proposed budget and other legislative priorities. Senate President Gary Stevens, R-Kodiak, issued the following statement:
ANCHORAGE – Today, the Alaska Senate Majority announced committee chairs for the 34th Alaska State Legislature. In November, the Senate Majority announced their leadership structure with Senator Gary Stevens (R-Kodiak) as Senate President, Senator Cathy Giessel (R-Anchorage) as Majority Leader, Senator Bill Wielechowski (D-Anchorage) as Rules Chair, Senator Kelly Merrick (R-Eagle River) as Majority Whip,
JUNEAU—Today, the Alaska Senate passed Senate Bill 187, otherwise known as the capital budget. The budget totals $450 million of general fund dollars and is carefully crafted to promote infrastructure projects throughout the state, address the state’s backlog of deferred maintenance, support statewide weatherization, and increase resources for food security, among other priorities.
JUNEAU – Today, the Alaska State Senate concurred with the House changes to Senate Bill 140, effectively passing the largest increase to school funding in state history with a $680 increase to the Base Student Allocation. Senate Bill 140 will also significantly improve internet connectivity in rural Alaska, provide $10 million in additional funding for
NEWS: Senate Concurs with Comprehensive Education Package Read More »
JUNEAU – The Senate Finance Committee introduced a committee substitute for the state’s operating budget this afternoon. The new committee substitute provides a permanent fund dividend consistent with a 75/25 percent of market value (POMV) split of the annual earnings, translating to an approximate $1,304 dividend. The committee substitute also increases the funds going to
NEWS: Senate Finance Introduces Operating and Capital Budget Substitutes Read More »
