politics
Alaska’s Money‑Saving Debate: A 1976 Turning Point
April 3, 2026
The House of Representatives in Alaska, on March 25 1976, passed a change to the state constitution that would later become known as the Permanent Fund. The vote was 36‑1, with only one legislator opposing it. That single “no” came from Nels Anderson of Dillingham, who feared the state’s pipeline wo
