Naw... Helen Nienhueser - after a life as a DNR bureaucrat, like the bill by Seaton & Foster, she completely ignores the Tyrannosaurus Rex in the Alaska Fiscal scene - it is BigOil & the horrendous, tho predicted results of SB21.
Seizing any part of the PFD is a tax on all Alaskans - & only Alaskans. Hands off the PFD,it is our royalty from the "held in common" property which the subsurface rights truly are.
#1 Return the oil/gas tax to something similar to ACES.
Also levy a state wide Sales Tax, so visitors, everyone, pays for their use of the state infrastructure. In places that already have a sales tax, well, those locations' budgets may just have to grow less.
A statewide Income Tax should be imposed, but in reasonable amounts- like what we had before.
Bottom line is: protect & preserve the PFD as is .... and -
Do not avoid the real battle, that of returning our take from natural resources to an ACES-like regime.