Governor Dunleavy Submits Revised CARES Act Funding Distribution Plan
Office of Governor Mike Dunleavy
ANCHORAGE—Governor Mike Dunleavy submitted a revised plan for the equitable distribution of the Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding, which brings over $1.5 billion of relief to the State of Alaska, to the Legislative Budget and Audit (LB&A) Committee.
“Following conversations with the Legislature, community leaders, and our federal partners, I have submitted a revised package of RPLs for expedited consideration,” says Governor Dunleavy. “This money will go directly where it is needed most into the hands of local communities, small businesses, and nonprofits. My administration stands ready to distribute these needed funds immediately to help mitigate the impacts of COVID-19 in Alaska. It is our hope the LB&A Committee takes expedited action on this request.”
Read the Governor’s letter to the chairs of the Legislative Budget and Audit Committee.
Review the CARES Act Funding Summary Sheet.
State Nets $17.5M in North Slope Lease Sale
Eleven companies bid $17.5 million for 287 tracts, covering 519,000 acres, for the largest state North Slope lease sale in a decade.
AFN and Denali Commission Launch ARTIC Collaboration to Gather Input on Resource Projects
The Alaska Federation of Natives and Denali Commission launched the ARCTIC Project to gather opinions on resource and energy projects.
As Federal Ground Shifts, Mining Industry Leaders Seek to Advance Projects
Mining industry leaders are optimistic about the federal government’s apparent favorable shift while acknowledging the need to make meaningful change.
Also in this issue: building a company and planning an exit strategy; several ESOPs, and UAS’ foray into a new model for tuition. Enjoy!