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Alaska Permanent Fund Corporation
The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). It was established in Alaska in 1976 by Article 9, Section 15 of the Alaska State Constitution under Governor Jay Hammond and Attorney General Avrum Gross. From February 1976 until April 1980, the Department of Revenue Treasury Division managed the state's Permanent Fund assets, until, in 1980, the Alaska State Legislature created the APFC. As of 2019, the fund was worth approximately $64 billion that has been funded by oil and mining revenues and has paid out an average of approximately $1,600 annually per resident (adjusted to 2019 dollars). The main use for the fund's revenue has been to pay out the Permanent Fund Dividend (PFD), which many authors portray as the only example of a basic income in practice. History Shortly after the Petroleum, oil from Alaska's Alaska North Slope, North Slope began flowing to market ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Permanent Fund
In the United States, a permanent fund is one of the five governmental fund types established by GAAP. It is classified as a restricted true endowment fund for governments and non-profit organizations. Put simply, a permanent fund may be used to generate and disburse money to those entitled to receive payments by qualification or agreement, as in the case of Alaska citizens or residents that satisfy the rules for payment from their permanent fund from State oil revenues. It was first introduced through GASB Statement 34. The name of the fund comes from the purpose of the fund: a sum of equity used to permanently generate payments to maintain some financial obligation. Also, a fund can only be classified as a permanent fund if the money is used to report the status of a restricted financial resource. The resource is restricted in the sense that only earnings from the resource are used and not the principal. For example, a fund can be classified as a permanent fund if it is being u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Felony
A felony is traditionally considered a crime of high seriousness, whereas a misdemeanor is regarded as less serious. The term "felony" originated from English common law (from the French medieval word "''félonie''") to describe an offense that resulted in the confiscation of a convicted person's land and goods, to which additional punishments, including capital punishment, could be added; other crimes were called misdemeanors. Following conviction of a felony in a court of law, a person may be described as a felon or a convicted felon. In many common law jurisdictions, such as England and Wales, Ireland, Canada, Australia, and New Zealand, crimes are no longer classified as felonies or misdemeanors. Instead, crimes are classified by mode of trial as indictable offences, triable by jury, which are usually more serious, and summary offences, triable by summary procedure without a jury, which are usually less serious. In some civil law (legal system), civil law jurisdictions, such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clem Tillion
Clement Vincent Tillion Jr. (July 3, 1925 – October 13, 2021) was an American politician. He was a member of the Alaska House of Representatives from 1963 to 1975 and the Senate from 1975 to 1981. He was the Senate president from 1979 to 1981. He served in the United States Navy during World War Two as a Seabee United States Naval Construction Battalions, better known as the Navy Seabees, form the U.S. Naval Construction Forces (NCF). The Seabee nickname is a heterograph of the initial letters "CB" from the words "Construction Battalion". Dependi .... References 1925 births 2021 deaths Republican Party members of the Alaska House of Representatives People from Kenai Peninsula Borough, Alaska Presidents of the Alaska Senate Republican Party Alaska state senators United States Navy sailors Seabees United States Navy personnel of World War II 20th-century members of the Alaska Legislature {{Alaska-politician-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Wielechowski
Bill P. Wielechowski (born December 7, 1967) is an American lawyer serving as a Democratic member of the Alaska Senate representing District K, which is located in Northeast Anchorage, Alaska. Prior to the 2022 redistricting process, he represented District H from 2015 to 2023. Wielechowski also previously represented District J from 2007 to 2013. Early life Wielechowski was born December 7, 1967, in Ridgewood, New Jersey, to a Polish-American family (his grandfather immigrated from Kraków in 1910). He attended Seton Hall University earning a Bachelor of Science in business management and finance and graduating magna cum laude. He then attended Seton Hall University School of Law earning his juris doctor in 1992. After moving to Anchorage, he became a volunteer with the Northeast Community Council, as a Commissioner on the Anchorage Planning & Zoning Commission and as chair of the Creekside Town Center. In 1999 he was the designated chair of the Alaska Workers' Compensation B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government
A government is the system or group of people governing an organized community, generally a State (polity), state. In the case of its broad associative definition, government normally consists of legislature, executive (government), executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 list of sovereign states, independent national governments and government agency, subsidiary organizations. The main types of modern political systems recognized are democracy, democracies, totalitarian regimes, and, sitting between these two, authoritarianism, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Percent Of Market Value
In mathematics, a percentage () is a number or ratio expressed as a fraction of 100. It is often denoted using the ''percent sign'' (%), although the abbreviations ''pct.'', ''pct'', and sometimes ''pc'' are also used. A percentage is a dimensionless number (pure number), primarily used for expressing proportions, but percent is nonetheless a unit of measurement in its orthography and usage. Examples For example, 45% (read as "forty-five percent") is equal to the fraction , or 0.45. Percentages are often used to express a proportionate part of a total. (Similarly, one can also express a number as a fraction of 1,000, using the term "per mille" or the symbol "".) Example 1 If 50% of the total number of students in the class are male, that means that 50 out of every 100 students are male. If there are 500 students, then 250 of them are male. Example 2 An increase of $0.15 on a price of $2.50 is an increase by a fraction of = 0.06. Expressed as a percentage, this is a 6% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christmas Tree Bill
In the United States Congress, a Christmas tree bill is a political term referring to a bill that attracts many, often unrelated, floor amendments. A Christmas tree bill consists of many riders. The amendments which adorn the bill may provide special benefits to various groups or interests, or provide pork barrel spending. The term refers to the proposed legislation being subject to having each member of Congress hang their own amendment on it. Definition The traditional Christmas tree bill begins as a minor bill that passes the House. Senators are not limited by the germaneness rule present in the House and are able to add unrelated amendments to the House bill to provide benefits to special interest groups and campaign contributors. Usually the amendments provide tax benefits or favorable trade treatments. Many Christmas tree bills are enacted in the crush of legislation as Congress prepares to adjourn for the Christmas holidays. These bills usually have the effect of reduci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party (United States)
The Democratic Party is a Centre-left politics, center-left political parties in the United States, political party in the United States. One of the Major party, major parties of the U.S., it was founded in 1828, making it the world's oldest active political party. Its main rival since the 1850s has been the Republican Party (United States), Republican Party, and the two have since dominated American politics. The Democratic Party was founded in 1828 from remnants of the Democratic-Republican Party. Senator Martin Van Buren played the central role in building the coalition of state organizations which formed the new party as a vehicle to help elect Andrew Jackson as president that year. It initially supported Jacksonian democracy, agrarianism, and Manifest destiny, geographical expansionism, while opposing Bank War, a national bank and high Tariff, tariffs. Democrats won six of the eight presidential elections from 1828 to 1856, losing twice to the Whig Party (United States) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unintended Consequence
In the social sciences, unintended consequences (sometimes unanticipated consequences or unforeseen consequences, more colloquially called knock-on effects) are outcomes of a purposeful action that are not intended or foreseen. The term was popularized in the 20th century by American sociologist Robert K. Merton. and later used to prevent erosion in earthworks, has become a major problem in the Southeastern United States. Kudzu has displaced native plants and has effectively taken over significant portions of land. The protection of the steel industry in the United States reduced production of steel in the United States, increased costs to users, and increased unemployment in associated industries. Perverse results In 2003, Barbra Streisand unsuccessfully sued Kenneth Adelman and Pictopia.com for posting a photograph of her home online. Before the lawsuit had been filed, only 6 people had downloaded the file, two of them Streisand's attorneys. The lawsuit drew attention to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dave Donley
Dave Donley (born August 29, 1954 in Anchorage, Alaska) is an American politician and attorney who served in the Alaska House of Representatives from District 11A Spenard from 1987 to 1993 and in the Alaska Senate from District J Midtown Anchorage from 1993 to 2003. He was elected to the Anchorage School Board in 2017 and re-elected in 2020 and 2023. In the 2020 and 2023 Anchorage Municipal Elections he received more votes than any other municipal candidate. He graduated from Dimond High School in Anchorage in 1972, University of Oregon with a BS in political science in 1976 (Phi Beta Kappa The Phi Beta Kappa Society () is the oldest academic honor society in the United States. It was founded in 1776 at the College of William & Mary in Virginia. Phi Beta Kappa aims to promote and advocate excellence in the liberal arts and sciences, ...), and University of Washington Law School with a Juris Doctor Degree in 1979. He passed the Alaska Bar Exam his first attempt and was admi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Walker (American Politician)
William Martin Walker (born April 16, 1951) is an American attorney and politician who served as the 11th governor of Alaska, from 2014 to 2018. He was the second Alaska-born governor, after William A. Egan. Walker was born in Fairbanks to Frances (Park) and businessman Ed Walker; he was raised in Delta Junction and Valdez, Alaska. He obtained a J.D. degree from Seattle University and served as mayor, city councilor, and city attorney for Valdez, and as general counsel for the Alaska Gasline Port Authority. Walker ran for governor of Alaska in the Republican Party primary election in 2010, losing to incumbent Sean Parnell. Walker ran as an independent in the 2014 election, merging his campaign with that of Democratic nominee Byron Mallott, who became Walker's running mate. Both candidates' prior respective running mates withdrew from the race and the Walker/Mallott ticket defeated Parnell and his running mate, former Anchorage mayor Dan Sullivan. Walker ran for re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Annual Individual Payouts, In Nominal USD 2021983-2024
History is the systematic study of the past, focusing primarily on the human past. As an academic discipline, it analyses and interprets evidence to construct narratives about what happened and explain why it happened. Some theorists categorize history as a social science, while others see it as part of the humanities or consider it a hybrid discipline. Similar debates surround the purpose of history—for example, whether its main aim is theoretical, to uncover the truth, or practical, to learn lessons from the past. In a more general sense, the term ''history'' refers not to an academic field but to the past itself, times in the past, or to individual texts about the past. Historical research relies on primary and secondary sources to reconstruct past events and validate interpretations. Source criticism is used to evaluate these sources, assessing their authenticity, content, and reliability. Historians strive to integrate the perspectives of several sources to develop a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
