State-owned corporation managing the Alaska Permanent Fund — the $80+ billion sovereign wealth fund built from oil royalties that pays the annual Permanent Fund Dividend to residents.
801 W 10th St #302, Juneau, AK 99801, USA
The Senate Finance Subcommittee on the Department of Revenue forwarded a $485.1 million budget recommendation to the full Finance Committee, including new auditor positions and rejecting structural changes to the Alaska Permanent Fund Corporation.
House committee considers requiring legislative confirmation of Alaska Permanent Fund Corporation trustees for the first time since 1982, though constitutional concerns may require a constitutional amendment.