"mean handing out money to everyone with a pulse."
Correct.  However, that part is covered under a different provision of the AK constitution, ie. the PFD amendment (Article 9, Section 15) and subsequent annual distributions "as provided by law." You argument however only repeats the same refuted premise that the money is some sort of hand out.  Just repeating the same premise is not addressing its refutation nor makes it any more valid.