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TThe Alaska Department of Revenue will make payments from the state’s Permanent Fund distribution to people who have not received their 2023 payments within 16 days.
The next annual check payment will go out in the coming weeks and will be the fifth installment of 2023 payments sent out since October.
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Eligible Alaskans with “eligible/unpaid” status as of January 10th who have not yet received a 2023 or earlier payment from the state program will receive a payment during this distribution wave on January 18th. become. Permanent fund dividends are determined by annual mineral revenues from the state of Alaska and are intended to benefit current and future generations of residents, state officials said. For 2023, the amount from the program was $1,312 per resident.
“The 2023 PFD marks the 42nd year that Alaskans have received a share of our state’s rich natural resources,” Alaska Department of Revenue Secretary Adam Crum said in a statement. I would like to thank the department for its tireless efforts over the past year.” Responsible for program management and application processing. ”
Crum added, “We processed more than 8,000 more applications this year than in 2022. The 2023 PFD will inject nearly $1 billion into the state’s economy and directly into the hands of Alaskans. ” he added.
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Applications for the 2024 program are being accepted now through March 31, and residents can apply for the state program online or with a paper form.
To qualify for Permanent Fund Dividends, applicants must intend to reside in Alaska indefinitely and must not be a convicted felon, among other requirements. For more information about the state program, visit the Alaska Department of Revenue website.
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