From an State of Alaska press release

Governor Sarah Palin today released a draft bill proposing a special one-time payment in the amount of $1,200 to Alaskans and suspending the state fuel tax for one year. The legislation is intended to be a starting point for a discussion with the legislature about how to provide relief from high energy costs to working Alaskans and their families.

"As the fiscal year winds down, Alaskans are assured of surpluses beyond the billions of dollars put into savings and funding for priorities such as forward funding education and municipal revenue sharing," Governor Palin said. "With savings and funding priorities covered, I am confident that Alaskans, who are the owners of our resources, can spend their resource revenue better than government can."

She added, "We can afford to share resource wealth with Alaskans and to temporarily suspend the state fuel tax. It is my hope these items would be implemented by September. We look forward to working with legislators in the coming weeks to find the best possible solution to provide short-term energy relief."

more at
http://alaskareport.com/news68/x61371_1200_palin.htm