Alaska House’s draft plan for federal aid calls for millions to help nonprofits, local governments and tourism
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JUNEAU — Lawmakers in the Alaska House of Representatives unveiled a draft proposal Friday that calls for spending about $700 million of $1 billion in federal economic aid sent to the state of Alaska under the American Rescue Plan passed by Congress last month. The remainder would be saved for spending next year.
The proposal, authored by the House’s coalition majority, would send millions to nonprofits, local governments and tourism-related organizations.
By substituting federal money for tax dollars in various places within the state budget, the plan frees about $230 million for infrastructure spending and $175 million for possible use in a Permanent Fund dividend.