Alaska residents may soon see a stimulus benefit worth $3,200 after months of discussion between lawmakers regarding the state budget.
There are two different things in the proposal that would give Alaskans money.
The other is a $650 energy assistance stimulus payment.
This would give residents a total payout of $3,200.
There were attempts at giving Alaskans as much as $5,500, but it was shot down.
Qualifying for the stimulus package
The first part of the payment is the Alaska Permanent fund.
This is a portion of the state’s oil revenues that each resident gets a part of.
In order to qualify, you need to have been a resident of the state for one year before the date of the dividend.
You must intend on remaining a resident when you apply for it.
If you’ve been incarcerated or convicted of a felony, you cannot qualify.
The $650 payment is a one time stimulus payment to help offset the inflation of energy costs in 2022.