The Improbable but True Story of How the Alaska Permanent Fund and the Alaska Permanent Fund Dividend Came to Be
The Alaska Permanent Fund (APF) and the Alaska Permanent Fund Dividend (PFD) resulted from the conjunction of unusual circumstances in the years following announcement of the Prudhoe Bay oil field discovery in 1968 and extension of these circumstances through the implementation of the PFD program in 1982.
KeywordsNorth Slope Direct Distribution Constitutional Amendment Cash Dividend General Fund
Unable to display preview. Download preview PDF.