Reality calling Tim and Silverhair!  The politicians are not going to do away with the PFD permanently.  Not if they want a job after the next election.  Sorry, won't happen.
At the same time, it's inevitable that the PF needs to start paying part of the bills soon. What I'm proposing is a reasonable compromise that a lot of people can get behind.  Got a better one (that has a political snowball's chance in hell)?

And Tim, let me guess - Trump University?  $20,000 at a very conservative 4.5% draw yields $900 per year after inflation-proofing it.  Probably more. 

BTW - I've lived here for decades, but whether it was one year or 100 years, I have the same rights that you do.  That's the way it works in Alaska. Deal with it.