Alaska Senate approves $13.9 billion draft state budget, including $1,150 payments to Alaskans

By: James Brooks

Outlets: Alaska Beacon

Published: May 8, 2026

Words: 525

Last Updated: 2 months, 2 weeks ago

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The Alaska Senate has finalized its draft of the state’s operating budget for the upcoming fiscal year, moving lawmakers closer to the end of their last regular session before the 2026 election.

In a 17-3 vote, Senators approved a $13.1 billion proposal that includes a $1,000 Permanent Fund dividend for 2026, plus a $150 “energy rebate” for PFD recipients.

The Senate plan conflicts with a different version drafted by the House. Legislators are expected …

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