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The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [ 2 ] by Article 9, Section 15 of the Alaska State Constitution [ 3 ] under Governor Jay Hammond and Attorney General Avrum Gross .
This enhanced system will streamline and directly serve over 630,000 eligible Alaskan residents to apply for and receive their Permanent Fund Dividend payments. This partnership marks a significant step in ensuring the continued success of the dividend program, making it more accessible and efficient for all Alaskans.
Fund Assets Origin Value (in billions) As of Ref. 1 Alaska: Alaska Permanent Fund: 74.455 December 2022 [3] Petroleum: 2 Texas: Permanent School Fund: 55.624 August 2022 [4] Commodity / petroleum: 3 Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6 ...
The Alaska Permanent Fund is often mentioned as one of the few existing basic income systems in the world. Since 1982, the Fund has paid a partial basic income to all (permanent) residents averaging approximately $1,600 annually per resident (adjusted to 2019 dollars) from the state's oil production revenues. [14] A prominent figure in the ...
Citizen's dividend is a proposed policy based upon the Georgist principle that the natural world is the common property of all people. It is proposed that all citizens receive regular payments ( dividends ) from revenue raised by leasing or taxing the monopoly of valuable land and other natural resources .
The Petroleum Fund of Norway; Permanent School Fund - funds K–12 schools in Texas, mostly from oil and natural gas revenue. Permanent University Fund - funds universities in Texas, mostly from oil and gas revenue. The Alaska Permanent Fund provides annual dividends to residents of the State of Alaska; Public company
The Severance Tax Permanent Fund is the second-largest pot of money, at $9.6 billion. Money from this fund also comes from natural resources, but the taxes come when resources like oil and gas are ...
Tay added that online retailers have tried to match a more "austere" mood among consumers, offering more discounts in the lead-up to this year's Singles Day. Consumers are now more goal-oriented ...