Rep. David Eastman is Securing Alaska’s Future: A Testimony in Support of Constitutionalizing the PFD through HJR 7

Today’s discussion and public testimony on HJR 7, a bill that would constitutionalize the Permanent Fund Dividend (PFD) in Alaska, is a critical juncture for the state’s fiscal policy. As we stand at this crossroads, it’s vital for Alaskans to make their voices heard.

Understanding HJR 7 and Its Implications

HJR 7 aims to enshrine the PFD in the Alaska Constitution, ensuring a consistent formula for calculating this dividend. The current proposition allows the legislature to decide the formula, but my Amendment #1 proposes to restrict future legislatures from altering this formula yearly. This amendment is pivotal to maintain the stability and predictability of the PFD, shielding it from the whims of changing political landscapes.

Why Your Testimony Matters

As Alaskans, the PFD is not just a financial matter; it’s a reflection of our state’s values and priorities. Whether you’re for or against constitutionalizing the PFD, your input is crucial in shaping Alaska’s future.

Testimony in Support of Constitutionalizing the PFD through HJR 7

Ladies and Gentlemen of the Alaska Legislature,

My name is [Your Name], a proud resident of Alaska. Today, I come before you to express my strong support for HJR 7, particularly with Amendment #1, which seeks to constitutionalize the Permanent Fund Dividend (PFD). This amendment is not just a fiscal policy decision; it's a reaffirmation of our commitment to Alaskan values and our future.

Constitutionalizing the PFD through HJR 7 ensures a stable and predictable financial future for all Alaskans. The fluctuating nature of the current system has led to uncertainty, impacting our ability to plan for the future. By setting a clear, unchangeable formula in the constitution, we provide a solid foundation for our financial planning, both at a state and individual level.

The PFD is a symbol of our state's unique relationship with its natural resources. It represents the collective ownership and shared benefit from these resources. By enshrining it in our constitution, we ensure that these benefits remain in the hands of Alaskans, now and for generations to come.

Amendment #1's proposal to lock in the dividend calculation method is a step towards responsible governance. It prevents the temptation of future legislatures to manipulate the PFD for short-term political gains, ensuring that our fiscal policy is guided by long-term vision and stability.

The PFD is more than a number; it's a lifeline for many Alaskan families. For some, it's a means to afford essentials; for others, it's a path to better education or healthcare. By securing the PFD in our constitution, we safeguard this critical support system that so many depend on.

In summary, I urge the legislature to pass HJR 7 with Amendment #1. Let's take this step to ensure a stable, prosperous future for all Alaskans. As it's wisely said in Proverbs 13:22 - "A good person leaves an inheritance for their children's children." Let's leave a legacy of fiscal responsibility and foresight for our future generations.

Thank you for your time and consideration.

Sincerely,
[Your Name]

Providing Effective Testimony

When preparing your testimony, focus on these key points:

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  1. Fiscal Responsibility: Emphasize the importance of a stable, predictable PFD for long-term economic planning.
  2. State Sovereignty: Argue for the necessity of keeping Alaskan resources in the hands of Alaskans.
  3. Transparency and Consistency: Highlight the need for a transparent and consistent method in calculating the PFD, as proposed in Amendment #1.
  4. Impact on Individuals and Families: Share personal stories or data on how the PFD affects Alaskan families, underlining the real-life implications of this decision.

As we engage in this dialogue, let’s not forget that our actions today will echo in the future of Alaska. The decision on the PFD will set a precedent for how we manage our state’s resources and finances.

FAQs

  • What is the Permanent Fund Dividend? The PFD is a yearly payment to Alaska residents from a portion of the state’s mineral revenues.
  • Why is the PFD important? It represents the shared wealth of Alaska’s natural resources and is a vital part of many residents’ annual income.
  • How can I testify? Call in at (907) 586-9085 or email house.judiciary@akleg.gov to provide your testimony.

As we debate the future of the PFD, let’s remember Proverbs 21:5 – “The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty.” A considered, diligent approach to the PFD will lead us to a prosperous future. Keep informed and engaged, as this story continues to unfold.

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1 thought on “Rep. David Eastman is Securing Alaska’s Future: A Testimony in Support of Constitutionalizing the PFD through HJR 7”

  1. Hello,

    We need full PFD as well as part of our Constitution. The people can do much better with a full PFD than the Govt programs you all want to waste our money on.

    Thank you

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