Two three points regarding the Permanent Fund Dividend
1. It has always been a direct payment to the citizens of Alaska in lieu
of owning subsurface rights
2, Taking and portion of the PFD substantially discriminates against less fortunate Alaskans. It had a direct, detrimental effect on the rural communities of Alaska
3. The PFD distribution flows directly to the private sector, and has a circular effect in our economy 4 to 6 times the actual payout. This is a substantial income to private industry throughout  


For the last 10 years the Alaska Legislature has  sung the tune of corporate and special interests to the detriment of the PFD and the lawful distribution of these funds. The legislature has chosen to ignore existing law and have raided the fund taxing directly every eligible Alaskan to the tune of over $14,000 Instead of passing current legislation to redefine the payout of the PFD.The majority legislature in both the Senate and House have protected their members by avoiding new legislation as they fully know that any representative who would go on record to redefine the PFD program would be subject to being held accountable to the citizens through elections. It has been politically expedient of them to simply ignore existing law and garner substantial portions of the citizens money without accountability to the law. The Permanent Fund corpus:The principle of the Permanent Fund was placed, by the citizens, in the State Constitution in order to protect this resource from the greed of current and future politicians. In 2018 the legislature passed a POMV model which draws 5% from the overall resource of the Permanent Fund and Earnings Reserve account. There is a question if this draw is constitutional as it utilizes the corpus as part of the POMV draw. This act was never ratified by a vote of the citizen. Although the 5% draw currently does not violate any monies within the corpus itself, there is a risk that it may if the earnings from the Permanent Fund were diminished and could not generate enough money to cover the draw. Additionally, there is current proposed legislation which would eliminate the Earnings Reserve by rolling all collected revenues directly into the Permanent Fund corpus, thus extinguishing any need for the Earnings Reserve. 

The American Party of Alaska is adamantly opposed to:
1) Legislators ignoring existing law governing the PFD distribution
2) Eliminating the Earnings Reserve account and drawing directly from the Permanent Fund corpus without a vote of the people.