Alaska Permanent Fund Dividend program
E71392
The Alaska Permanent Fund Dividend program is a state-run initiative that annually distributes a share of Alaska’s oil and mineral revenue earnings directly to eligible residents.
Observed surface forms (2)
| Surface form | Occurrences |
|---|---|
| Permanent Fund Dividend Division of the Alaska Department of Revenue | 2 |
| Permanent Fund Dividend Division | 1 |
Statements (43)
| Predicate | Object |
|---|---|
| instanceOf |
cash transfer program
ⓘ
government program ⓘ universal basic income–like program ⓘ |
| administeredBy |
Alaska Permanent Fund Dividend program
self-linksurface differs
ⓘ
surface form:
Permanent Fund Dividend Division
|
| ageRequirement | no minimum age for eligibility ⓘ |
| applicationPeriod | typically January to March each year ⓘ |
| appliesTo | eligible Alaska residents ⓘ |
| appliesToJurisdiction |
Alaska
ⓘ
surface form:
State of Alaska
|
| benefits | annual cash payment to eligible residents ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| economicImpact |
stimulates consumer spending in Alaska
ⓘ
supplements household income in Alaska ⓘ |
| eligibilityCriterion |
Alaska residency
ⓘ
intent to remain in Alaska ⓘ not convicted of certain felonies ⓘ not incarcerated for most of the qualifying year ⓘ physical presence in Alaska for most of the qualifying year ⓘ |
| fundedBy | Alaska Permanent Fund ⓘ |
| fundingSource |
investment earnings of the Alaska Permanent Fund
ⓘ
mineral revenue ⓘ oil revenue ⓘ |
| governedBy | Alaska Permanent Fund Corporation policies ⓘ |
| hasPart |
appeals process
ⓘ
online application system ⓘ |
| language | English ⓘ |
| legalBasis |
Alaska Constitution
ⓘ
surface form:
Alaska Constitution Article IX Section 15
Alaska Statutes ⓘ
surface form:
Alaska Statutes Title 43
|
| notableFor |
one of the longest-running resource dividend programs in the world
ⓘ
universal per-capita distribution within eligibility rules ⓘ |
| officialWebsite | https://pfd.alaska.gov/ ⓘ |
| operator | Alaska Department of Revenue ⓘ |
| paymentFrequency | annual ⓘ |
| paymentMethod |
direct deposit
ⓘ
paper check ⓘ |
| purpose |
provide residents with a direct stake in resource development
ⓘ
share state resource wealth with residents ⓘ support economic stability for Alaska residents ⓘ |
| relatedTo |
Alaska Permanent Fund
ⓘ
oil and gas industry in Alaska ⓘ |
| startTime | 1982 ⓘ |
| subjectOf |
research on universal basic income
ⓘ
studies on labor supply effects of cash transfers ⓘ studies on poverty reduction in Alaska ⓘ |
Referenced by (5)
Full triples — surface form annotated when it differs from this entity's canonical label.
Alaska Permanent Fund Dividend program
→
administeredBy
→
Alaska Permanent Fund Dividend program
self-linksurface differs
ⓘ
this entity surface form:
Permanent Fund Dividend Division
this entity surface form:
Permanent Fund Dividend Division of the Alaska Department of Revenue
this entity surface form:
Permanent Fund Dividend Division of the Alaska Department of Revenue