The Alaska Senate approved a budget compromise in a 19-1 vote that includes $3,850 payments to Alaskans. The House must vote on the plan tonight for it to advance to the governor’s desk.
Budget Conference Committee Chairman Sen. Bert Stedman, R-Sitka, presents the budget on the Senate floor on Wednesday, May 18, 2022.
The committee’s plan also includes long-sought-after funding increases for public education, and a capital budget that encompasses hundreds of millions for port projects in Anchorage and Nome. The Senate favored the spending plan overwhelmingly, with only Eagle River Republican Sen. Lora Reinbold opposed.
Among the five opponents of the draw was Sen. Lyman Hoffman, a Bethel Democrat. He said that he wanted smaller energy relief checks this year to ensure that the dividend amount next year would not drop significantly. Stedman, who supported the budget but opposed the Constitutional Budget Reserve draw, said that giving out that high payment without a permanent solution to a years-long conflict over the way the dividend amount is calculated each year, would make it more difficult to resolve the conflict in the coming year. An effort by the Senate to change the statute this year failed amid high earnings that translated to a proposed dividend three times higher than the one paid out last year.
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