The Alaska Department of Revenue is set to issue checks from the Permanent Fund Dividend to another batch of residents who have yet to get their payments from the program in one day.

On Thursday, those who had the “Eligible-Not Paid” status as of March 13 and have not received their checks from the program from 2023 or earlier will get their payment from the state program.

Residents in the Last Frontier must intend to remain a resident of Alaska indefinitely and may not be a convicted felon, among other stipulations, to qualify for the Permanent Fund Dividend program.

The amount for the Permanent Fund Dividend checks each year is determined by the state’s annual mineral revenues. For the 2023 payment from the program, eligible residents received $1,312. Distribution for the 2023 checks began in October of last year.

“The 2023 PFD marks the 42nd year Alaskans have received their share of the state’s natural resource wealth,” Alaska Department of Revenue Commissioner Adam Crum said in a statement about the 2023 payment. “I would like to thank our Permanent Fund Dividend Division for their tireless work year-round in administering the program and processing the applications.”

“This year, we processed over 8,000 more applications than in 2022,” Crum said. “The 2023 PFD will inject nearly $1 billion into the state’s economy and directly into the hands of Alaskans.”

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Residents in Alaska can apply for the 2024 Permanent Fund Dividend from open until March 31. The application may be completed either online or via paper form.

More information on the Permanent Fund Dividend, including eligibility requirements and how to apply, can be found on the Alaska Department of Revenue’s website.