$1300 Stimulus Checks CONFIRMED for December! Is YOUR Name on the List? Find Out Who’s Eligible NOW

Are you prepared for what lies ahead, Alaska? In December, the state intends to issue a $1,312 stimulus check under a brand-new initiative known as the “Permanent Fund Dividend” (PFD).

Since this benefit is based on revenue from natural resources (like oil, for instance), only a select few will profit from this sum of money. We’ll go into further detail now to see if you are eligible for this payment. Prepare to end the year with a bang!

What is the PFD?

One scheme that is exclusive to Alaska is the Permanent Fund Dividend. It was initially established in 1976 with the intention of controlling oil earnings for direct distribution to its residents.

How is this revenue generated?

Simply put, the state of Alaska distributes the annual revenue it generates from the exploitation of natural resources like oil and gas, in particular, among its citizens by investing it in financial markets.

This year, how much will be provided?

Alaskans who apply and fulfill the requirements will get the dividend this December, which will put $1,312 in their wallets! Furthermore, around 600,000 residents will receive a bigger sum, in their instance, $1,702, the following year. Don’t tell us that this time of year wouldn’t benefit from having a little additional cash.

How can you be sure you’ll get the money?

You need to fulfill a few requirements in order to get this check:

Possess Alaskan residency.

Possess no current intentions to relocate and have been residents of the state for at least 12 months in a row.

Haven’t submitted an application to live in another state or nation.

Have not been compensated for living outside of Alaska.

Have spent a minimum of 72 hours in Alaska in a row within the past 24 months.

Have not spent the previous year behind bars for major offenses.

Have not committed more than two misdemeanors or major felonies since 1997.