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Alaska Senate Approves $373M Spending from Reserve

Alaska Senate Approves $373M Spending from Reserve

Anchorage News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 12, 20262m 1s

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Show Notes

Alaska Senate unanimously approves $373.5M spending from Constitutional Budget Reserve, trimming original $531M bill after bipartisan talks. Funds cover budget shortfalls, reverse vetoes, and refill higher education investment account. Lawmakers react to rising oil prices, aiming to cover removed items without deeper reserve dips. Measure heads to House for vote, with minority leaders seeking review of new revenue forecast before decision.

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