Stimulus update: Direct payment of $1,312 to be sent to some Alaskans in 10 days

Eligible Alaska residents who have yet to get their payments from the state Department of Revenue as part of the Permanent Fund Dividend will receive their checks in 10 days.

Those who will get their checks on April 18 include eligible residents who have not gotten their payments from the Permanent Fund Dividend program from 2023 or earlier and have the “Eligible-Not Paid” status by Wednesday.

To be eligible for a payment, an Alaskan must intend to remain a resident of the state indefinitely and not be a convicted felon, among other qualifications.

The Permanent Fund Dividend check amount is determined by the state’s annual mineral revenues for that year, and the payments are sent to eligible residents of the state every year. The 2023 check was worth $1,312 and began going out to eligible residents last October.

“The 2023 PFD marks the 42nd year Alaskans have received their share of the state’s natural resource wealth,” Alaska Department of Revenue Commissioner Adam Crum said in a 2023 statement. “I would like to thank our Permanent Fund Dividend Division for their tireless work year-round in administering the program and processing the applications.”

“This year, we processed over 8,000 more applications than in 2022,” Crum added. “The 2023 PFD will inject nearly $1 billion into the state’s economy and directly into the hands of Alaskans.”

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Applications for the Permanent Fund Dividend were open this year between Jan. 1 and Sunday. Permanent Fund Dividend applications may be completed either online or via paper form during the application period.

Additional information regarding the Permanent Fund Dividend, including eligibility requirements and how to apply, can be found on the state’s website.

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