Sec. 43.23.045. Dividend fund.
(a) The dividend fund is established as a separate fund in the state treasury. The dividend fund shall be administered by the commissioner and shall be invested by the commissioner in the same manner as provided in AS 37.10.070. (b) [Repealed, § 29 ch 134 SLA 1992.] (c) [Repealed, § 24 ch 99 SLA 1985.] […]
Sec. 43.23.048. Restorative justice account.
(a) The restorative justice account is created as a separate account in the dividend fund. The commissioner shall transfer from the dividend fund to the restorative justice account each fiscal year an amount equal to the amount that would have been paid during the previous fiscal year to individuals who were ineligible to receive dividends […]
Sec. 43.23.055. Duties of the department.
The department shall (1) annually pay permanent fund dividends from the dividend fund; (2) subject to AS 43.23.011 and (8) of this section, adopt regulations under AS 44.62 (Administrative Procedure Act) that establish procedures and time limits for claiming a permanent fund dividend; the department shall determine the number of eligible applicants by October 1 […]
Sec. 43.23.101. Voter registration.
The commissioner shall establish by rule a schedule by which the commissioner will provide, and shall provide as soon as is practicable the director of elections with (1) electronic records from the permanent fund dividend applications of the information required by AS 15.07.060(a)(1) – (4) and (7) – (9), and the attestation that such information […]
Sec. 43.23.110. Applicant information confidential.
(a) Except as provided in (c) of this section, information on each permanent fund dividend application, except the applicant’s name, is confidential. The department may only release information that is confidential under this section (1) to a local, state, or federal government agency; (2) in compliance with a court order; (3) to the individual who […]
Sec. 43.23.130. Contributions from dividends.
(a) Notwithstanding AS 43.23.200, the Department of Revenue shall prepare the electronic Alaska permanent fund dividend application to allow an applicant who files electronically to direct that money be subtracted from the dividend payment and contributed to the crime victim compensation fund (AS 18.67.162), the peace officer and firefighter survivors’ fund, or one or more […]
Sec. 43.23.140. Exemption of and levy on permanent fund dividends.
(a) Except as provided in (b) of this section, 20 percent of the annual permanent fund dividend payable to an individual is exempt from levy, execution, garnishment, attachment, or any other remedy for the collection of debt. No other exemption applies to a dividend. Notwithstanding other laws, a writ of execution upon a dividend that […]
Sec. 43.23.150. Claims on reimbursement for court-ordered treatment.
(a) AS 09.38 does not apply to permanent fund dividends taken under AS 47.12.155(c). Notwithstanding AS 09.35, execution on a dividend claimed under AS 47.12.155(c) is accomplished by delivering a certified claim to the department containing the following information: (1) the name and social security number of the individual whose dividend is being claimed; (2) […]