Associated Press


JUNEAU, Alaska (AP) - Alaskans would receive a full dividend from the state's oil-wealth fund this year under a bill introduced Wednesday in the House, but the full payout would come with a catch.

The House Finance Committee bill also seeks changes to the dividend formula going forward. Committee Co-chair Tammie Wilson says she wants a dividend calculation in statute that lawmakers follow.

The current dividend calculation hasn't been followed for three years amid an ongoing budget deficit, and dividend payouts have been reduced. 

The bill comes a week into a special session with no apparent progress toward finalizing a state budget. A major stumbling block has been what to do with the dividend. 

Gov. Mike Dunleavy has called for a full dividend and said voters should have a say on any changes. 

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