Alaska Senate approves $4.6 billion budget

By: | March 25, 2020

The Alaska Senate approved a $4.6 billion state budget Monday, voting after hours of back-and-forth debate to include two $1,000 Permanent Fund dividends.

The Senate’s plan, which must be reconciled with a competing budget plan by the Alaska House, calls for one of the dividends to be paid in the spring and the other in the fall.

House lawmakers rejected the Senate plan late Monday, forcing the creation of a six-member committee ordered to come up with a compromise.

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