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The Alaska Permanent Fund in a sentence

1. The Alaska Permanent Fund is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC).

2. The Alaska Permanent Fund sets aside a certain share of oil revenues to continue benefiting current and all future generations of Alaskans.

3. The Alaska Permanent Fund Corporation manages the assets of both the Permanent Fund and other state investments, but spending Fund income is up to the Legislature.

4. A 2019 study found "a 14% increase in substance-abuse incidents the day after the [Alaska Permanent Fund] payment and a 10% increase over the following four weeks.

5. Examples of this are the Alaska Permanent Fund and Singapore's Temasek Holdings.

6. He oversaw the creation of the Alaska Permanent Fund in 1976, which, since the early 1980s, has paid annual dividends to Alaska residents.

7. The $1,000 Homer received when entering Alaska is a reference to the Alaska Permanent Fund Dividend.

8. In 1976, the state's constitution was amended to establish the Alaska Permanent Fund, in which a quarter of all mineral lease proceeds is invested.

9. Later amendments established the Alaska Permanent Fund and budget reserves.

10. As Attorney General, Botelho chaired the Criminal Justice Council and served as a trustee to the Alaska Permanent Fund Corporation.

11. Unico re-sold the property to the Alaska Permanent Fund based on a US$149 million price in August 2005, but retained a minority ownership share.

12. Alaska has a form of basic income, funded by the Alaska Permanent Fund.

13. He was appointed mayor when Byron Mallott resigned in order to become executive director of the Alaska Permanent Fund Corporation;

14. In 1982, Mallott was appointed to the board of trustees of the Alaska Permanent Fund Corporation by Governor Jay Hammond to replace Elmer Rasmuson.

15. He resigned from office after he was selected to serve as the executive director of the Alaska Permanent Fund Corporation.

16. she appointed a fund-raiser of hers, Deborah Richter, as director of the Alaska Permanent Fund Dividend Division.

17. The idea behind the proposal was originally inspired by the Alaska Permanent Fund;

18. She also served as the chair of the Alaska Permanent Fund.

19. The Democrats nominated businessman and former executive director of the Alaska Permanent Fund Byron Mallott, whose running mate was State Senator Hollis French.

20. Under a law passed by the Alaska Legislature, the settlement money was invested in a separate account of the Alaska Permanent Fund.

21. The remaining quarter was deposited in a special account of the Alaska Permanent Fund.

22. According to the 2013 annual report of the Alaska Permanent Fund Corporation, the Hess account had a balance of $424,399,000 as of June 30, 2013.

23. Early funding for the company included a $600 million investment from the Alaska Permanent Fund.

24. Other investors included the John D. and Catherine T. MacArthur Foundation, the Teachers Retirement System of Texas, and the Alaska Permanent Fund.

25. The Alaska Permanent Fund pays a partial basic income to all its residents since 1982.

26. In 1976, the Alaska Permanent Fund was created by an amendment to the State Constitution.

27. While in the legislature Malone created and introduced legislation that would later create the Alaska Permanent Fund.

28. The next big development in the history of basic income in the United States came in 1982, when the Alaska Permanent Fund was established.

29. The Alaska Permanent Fund is often mentioned as one of the few existing basic income systems in the world.

30. As attorney general, Gross helped establish the Alaska Permanent Fund and ended the practice of plea bargaining.