[ad_1]
The window for eligible Alaska residents to apply for direct payments from the 2024 Permanent Fund Dividend Program closes in four days.
Applications for the program, which allows eligible residents of the state to receive annual checks based on Alaska’s mineral revenues, can be submitted online or via paper form until March 31.
To qualify for a check through the PFD program, applicants must intend to reside in Alaska indefinitely and must not be a convicted felon.
To receive payments in 2024, residents must apply during the application period, even if they have received payments from the Permanent Fund Dividend Program in previous years.
Most residents will need to apply during the current application period to receive payments later this year, but there are some exemptions that allow some residents to apply outside of the regular application period. Exceptions may be found on the state website.
The amount of payments that the Permanent Fund Dividend provides each year depends on the state’s mineral revenue for that year. The payments sent in 2023 are worth $1,312 and have been disbursed to residents since October.
Click here to read more from the Washington Examiner
“We processed more than 8,000 more applications this year than in 2022,” Alaska Department of Revenue Secretary Adam Crum said in a statement about the 2023 payments. “The 2023 PFD will inject nearly $1 billion into the state’s economy and distribute it directly into the hands of Alaskans.”
For more information about the PFD program, including eligibility requirements, please visit the Alaska Department of Revenue website.
[ad_2]
Source link
