Alaska Prepares to Distribute $1,312 Stimulus Checks to Eligible Residents on March 21
Eligible Residents Await 42nd Year of Permanent Fund Dividend Payments
According to Washington Examiner, excitement is building in Alaska as the Department of Revenue gets ready to send out $1,312 stimulus checks from the Permanent Fund Dividend to more eligible residents. These $1,312 stimulus checks will go out on March 21 to Americans who were eligible but haven’t received their $1,312 stimulus checks yet for 2023 or earlier. The Permanent Fund Dividend has been around for 42 years and gives out $1,312 stimulus checks based on how much the state makes from its minerals.
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Alaska’s Permanent Fund Dividend Pumps Vital Funds into Economy
In 2023, Alaskans received $1,312 stimulus checks through the Permanent Fund Dividend starting in October. Alaska’s Revenue Commissioner, Adam Crum said the importance of these $1,312 stimulus checks expressing gratitude for the effort put into ensuring Americans receive necessary support. The 2023 $1,312 stimulus checks are projected to inject nearly $1 billion into Alaska’s economy providing big aid. Eligible Americans can still apply for the 2024 Permanent Fund Dividend until March 31 either online or through a paper form. Alaska aims to simplify the process to ensure residents receive their fair share of revenue generated from natural resources upholding its commitment to community well-being.