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IThe Alaska Department of Revenue plans to send checks on Wednesday to people who have not yet received their 2023 payments from the Permanent Fund Dividend.
The next distribution of annual payments will take place in just over two weeks and will be the fifth round of 2023 payments sent to eligible residents since October.
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Applicants must intend to remain resident in Alaska indefinitely and must not be a convicted felon, among other requirements to qualify for the program.
Those receiving payments on Jan. 18 will include eligible Alaskans who had “eligible/unpaid” status as of Jan. 10 and have not yet received a 2023 or earlier payment from the state program.
The amount of each check from the Permanent Fund Dividend is determined by each year’s mineral revenue from the state. For the 2023 payment, 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.
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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.
Alaska residents can apply for the 2024 program through March 31 online or with a paper form. For more information about the state program, visit the Alaska Department of Revenue website.
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