[{"_1":2,"_112":-5,"_113":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6300806,"mediaKeyId","2491829-133f87733c4f0a432c3b000fc7add347","parentId",2491829,"title","Senators flag deteriorating school facilities, discuss capital funding and maintenance backlog","audioSeconds",155,"startMs",1598000,"endMs",1753000,"viewUrl","/Search/View?dp=1&key=2491829-133f87733c4f0a432c3b000fc7add347&start=1598&end=1753","thumbnailUrl","https://assets.pipeline.soar.com/2491829-133f87733c4f0a432c3b000fc7add347/thumbnail_1598000.jpg","articleUrl","/articles/6300806/Alaska/Senators-flag-deteriorating-school-facilities-discuss-capital-funding-and-maintenance-backlog","mediaUrl","https://secure.pipeline.soar.com/6300806-38195f9ccd7069a00db62254163bf233/orig.mp4?Expires=1770346125&Signature=AVKbEcFmrRGzftqF-SA3JpsCvjmZJA5hDWRho8hR740Zp9vQMVxr6XGbvYE-RKetu2Ig2kcRPOLiFBqC0SfV0r7RQmzE3XMTXZ~HnJ5r0Qa5fMMixwsp2AuY17ZlcjgGxyER9Ij791i0vNwQgDgT4hR9Q2~Yw2sJ7jNVQ5fuiuQokbu9wvnoDIERO1wZyzzS5grrdw0Zqbd4bmWzy-qkXnyJGTzfI~ETxap3FVB-PxwC1ZVMn62g4m-xbhB8sZJj98PZUYmPWpnb5X~utxXEgc8H0QwKxUUOux-khu0xcINfWTcwvS1zsMKdM7OlBcR~6HRD6FmLMsky9Wl-UXwsug__&Key-Pair-Id=KUT5TJCACFTXG","author","Alaska Legislature","date","2025-03-04T00:00:00Z","article","During the Senate's weekly press availability, reporters asked senators about reporting on deteriorating conditions inside rural public school buildings and whether the Legislature will address health-and-safety concerns during the capital budget process.

Senator Sevin (questioning reporters' article) and Senator Stedman described the process: local schools submit maintenance requests to the Department of Education, which ranks projects by priority. Senators said the deferred-maintenance list totals about $250,000,000; the Legislature then decides how much money the capital budget will allocate and the department re-ranks the list each year.

Senators highlighted examples and process issues. Senator Stedman said Mount Edgecumbe High School (referred to as Edgecumbe in the briefing) is treated differently in the funding process because it is managed in a separate DOT maintenance schedule rather than with other K–12 schools, and he said it should be treated like other schools in the system. Senators said recent roof and HVAC work addressed some urgent problems but that the governor's proposed budget included limited maintenance funding: senators described the governor's maintenance requests as a \"slim $50,000,000\" for university and school maintenance and said that amount would be insufficient compared with needs.

Senators said they will examine the Department of Education's prioritized list during budget negotiations and consider mechanisms such as school bond debt reimbursement that historically have leveraged local funds for school work. No new capital appropriations were adopted during the briefing; senators said capital funding decisions will be made in the coming budget negotiations.","mediaType","Video","parentTitle","03/04/2025 01:00 PM Senate MAJORITY CAUCUS","oneSentenceSummary","Reporters raised concerns about deteriorating rural school buildings and potential health and safety issues; senators said the Department of Education submits a ranked deferred-maintenance list (about $250 million) and the Legislature will decide how far down the list to fund in the capital budget.","taxTitle","2025 Legislature Alaska, Alaska","taxId",78559,"location","Alaska","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6300810,"Senate committee hears SB92 to tax S-corp oil producers; senators press for transparency on tax settlements",52,2174000,2226000,"/Search/View?dp=1&key=2491829-133f87733c4f0a432c3b000fc7add347&start=2174&end=2226","https://assets.pipeline.soar.com/2491829-133f87733c4f0a432c3b000fc7add347/thumbnail_2174000.jpg","/articles/6300810/Alaska/Senate-committee-hears-SB92-to-tax-S-corp-oil-producers-senators-press-for-transparency-on-tax-settlements","https://secure.pipeline.soar.com/6300810-b489ce8eea721f1c3739202379ed9dde/orig.mp4?Expires=1770346126&Signature=BkYTitAzK-kkVAnYc9eVod~jdUpH7Ym716P2qispEM2FHpdGf5RR~FDGlTT8JLQWvalMgNWA89B0sByb2eOfNkAhxViB1Dm1BSVaso6bmN5a5~vCXpthTEJW~oF1iZQ4jqSJi-37Hg7BulI4Gk~pWgkgINChztdHdXdz4doD1GFLleziCqeJjuO31qxYczH4sC37Gm4ILwNsdnCiYNJVMmyHeOXRItHlvMjHkxa1QYhHxqWmEL2pSWKxHhNy8B67kSaj--tFYVVt~GSA3iQ6QDF0N9KTZZCQek7rSmo2Bv2acnhBpid8G2hUtGk~2Z4uG2FkfFq~Fpun8o9bEcf9Ow__&Key-Pair-Id=KUT5TJCACFTXG","At a press availability, senators described recent committee work on Senate Bill 92, legislation that would subject certain S-corporation oil producers to a tax treatment similar to larger corporations. Senator Giesel said the second hearing in the Senate Resources Committee projected first-year revenue of about $186 million if the bill becomes law.

Senators and reporters also raised concerns about transparency in oil tax administration. A senator at the briefing said the Department of Revenue has refused to cooperate with the Legislature on information about tax settlements and tax administration dating back several years. \"We should have some either committee or independent organization or something that reviews our tax settlements,\" one senator said, noting that many jurisdictions make tax settlements public and that Alaska's current rules hinder legislative oversight.

Senator Lukowski and others said Alaska's oil tax transparency laws are among the most opaque the witnesses and outside advisers have seen, and that lack of data has hindered policymakers' ability to analyze the impact of past tax changes. \"We don't even know who [S corps] are,\" one senator said of the administration's inability to identify affected entities at a recent hearing.

Action and next steps: senators said they support seeking new revenue sources such as SB92 before expanding spending commitments. SB92 will continue through committee processes; no final committee vote or floor action was recorded at the press availability.","Senators said Senate Bill 92, which would tax S-corporation oil producers to align their treatment with other companies, had a second hearing in the Senate Resources Committee; sponsors said the first-year revenue impact is about $186 million and stressed the need for greater transparency in oil tax settlements.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6300815,"Senator describes 'Trustee Paper No. 10' constitutional amendment to protect Permanent Fund earnings",119,659000,778000,"/Search/View?dp=1&key=2491829-133f87733c4f0a432c3b000fc7add347&start=659&end=778","https://assets.pipeline.soar.com/2491829-133f87733c4f0a432c3b000fc7add347/thumbnail_659000.jpg","/articles/6300815/Alaska/Senator-describes-Trustee-Paper-No-10-constitutional-amendment-to-protect-Permanent-Fund-earnings","https://secure.pipeline.soar.com/6300815-4e83f489f0482147d872fe97452943d6/orig.mp4?Expires=1770346126&Signature=aN6RjckWGNmtgzfgMwuYQpLhahVV7pMNtHyqO6g~61b1H8so7t~kXFTF14DkCaaNWznMXeyUtcplxLvhQhjefrdfuvgs5BkzflknBF5OYKo9IkHpW19AkpfLDDioFWY58~ABEKACX2jlDYQ~ILsHIoDifCD9LpG0eK9sO3TtOl5VEmliwakTl-4r2jS6neQz6PK0TxbgsJAblL3tiNtHSfwFgAxlPdqZ~KhuEnqccJUeAis222V3DnQkcJG7G2cPDUYAw8oqvwicHdDRf1XZO6Mn0Z6LPCmcviIj5IlTtmyPYJ8iyQq-5y9epvt3TqSX0PF-vWZL4oNfD5CVQBsG~Q__&Key-Pair-Id=KUT5TJCACFTXG","At a weekly Senate press availability, Senator Giesel summarized Trustee Paper No. 10, describing it as a structural change to how the Alaska Permanent Fund Corporation accounts and secures earnings. \"The trustee paper number 10 is a savings plan. How to save money, keep it preserved in the permanent fund,\" Giesel said.

Giesel and other senators said the proposed constitutional amendment would remove the earnings reserve account, place earnings into the fund's principal, and allow up to a 5% draw of market value each year. The measure, sponsors said, is drafted as a joint resolution and must pass by two-thirds in both the House and Senate to be placed before voters; if approved by the legislature it would go to the public likely in 2026.

Senator Giesel cited materials presented to legislative finance showing that Permanent Fund earnings (the POMV component) currently make a large contribution to the unrestricted general fund: \"in unrestricted general fund, the permanent fund's earnings ... funds 60% of the unrestricted general fund now,\" Giesel said. Supporters said converting to an endowment-style structure and limiting draws would preserve long-term growth and reduce the probability that the fund could not meet a chosen draw rate.

Senators noted the proposal is a structural change with long-term implications; they described the resolution as simple in language and emphasized that the final decision would rest with Alaska voters if the legislature places the question on the ballot. No committee vote or final legislative action occurred at the press availability; senators said the resolution will be formally introduced and routed to committee for review.","Senators described Trustee Paper No. 10, a proposed constitutional amendment to move the earnings reserve into the principal and cap withdrawals at up to 5% of market value; sponsors said it would require two-thirds legislative approval and a voter referendum (targeted 2026).",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6300820,"Senators introduce SB109 proposing 75/25 split for Permanent Fund withdrawals",79,311000,390000,"/Search/View?dp=1&key=2491829-133f87733c4f0a432c3b000fc7add347&start=311&end=390","https://assets.pipeline.soar.com/2491829-133f87733c4f0a432c3b000fc7add347/thumbnail_311000.jpg","/articles/6300820/Alaska/Senators-introduce-SB109-proposing-7525-split-for-Permanent-Fund-withdrawals","https://secure.pipeline.soar.com/6300820-db410ed19189e1a16f323d5b749c72f9/orig.mp4?Expires=1770346126&Signature=jr6Wewg4qeXKHUBSVSAD35eR5RsNiOOOKYmAiibqTyVelPu4Vf7L7uuJSn0x51vO~3TrtBgm7MLU2iQk75~BHM4HbaZDbQTSjzMtDC5mlF03IVm-uKK2gfOFVF-87jgxXrlwGOsFB1H6dRCIvo9rVeYruRZViIZouD9G71w8-uruVPYKpHOirtKsTDi62scCJTsq8MgYtNq3P-UF4tVKt4eKpe19Yxjr8orzycGnfm4o1VB8Wzz-o1sJv8l-K1AjWPOSyck4qElYlU-LSCYTGL~1-HfD06koaqfJXF1-byH6wGVwZ0WVX6gQXwi7etlK7BHPqJkpmSYj9zhqUGEQgg__&Key-Pair-Id=KUT5TJCACFTXG","At a weekly Alaska Senate press availability, Senate President Stevens and members of the majority caucus said the Senate Finance Committee introduced Senate Bill 109, a proposal to change the Permanent Fund percent-of-market-value withdrawal formula to a 75/25 split; the bill is slated for its first hearing this week.

The bill, described by senators at the briefing as a way to keep some form of the Permanent Fund Dividend (PFD) while addressing the state's structural budget shortfall, reflects an ongoing caucus effort to “come up with a responsible, long term solution that provides stability for our budget,” Senate President Stevens said.

Senator Hoffman, a sponsor and member of Senate Finance, said the Senate has passed versions of 75/25 before and that proponents believe the current formula is unattainable under present fiscal conditions. \"I believe that the dividend has been a part of this state's long history and the people of Alaska appreciate it,\" Hoffman said, adding that in rural parts of the state the dividend \"helps them heat their homes, feed their families, buy new clothes, spend it on transportation such as snow machines and outboards, and helps them live the subsistence way of life.\"

Senator Stedman and other finance committee members said they will continue discussions with the Senate Finance Committee as the budget and capital lists are developed. No committee vote or floor action on SB109 was reported at the briefing; sponsors said the measure will be heard in committee this week.

Background and next steps: proponents described SB109 as an effort to reduce the share drawn for dividends in order to preserve fund stability, but they also acknowledged the proposal would not by itself create new revenue. The Senate majority said it will continue committee hearings and deliberations; a first hearing for SB109 was announced but no formal vote or final outcome was recorded at the press availability.

Ending: Senate leaders said they expect continued committee work on SB109 and other budget measures in the coming days and weeks.","At a weekly Senate press availability, Alaska senators said Senate Bill 109, proposing a 75/25 split of Permanent Fund percent-of-market-value (POMV) withdrawals, will receive its first hearing this week; sponsors say the change aims to keep a dividend while addressing long-term fiscal sustainability.","actionData","errors"]

Article not found

Senators flag deteriorating school facilities, discuss capital funding and maintenance backlog

Senate committee hears SB92 to tax S-corp oil producers; senators press for transparency on tax settlements

Senator describes 'Trustee Paper No. 10' constitutional amendment to protect Permanent Fund earnings

Senators introduce SB109 proposing 75/25 split for Permanent Fund withdrawals