@squinney,
Yes.... according to
this article, each qualified Alaska resident gets a $1,200 "resource rebate". It's a $60 million programme in total.
Then, Palin signed legislation that suspends the state's motor fuel tax for a year, which eliminates an 8-cent tax on highway gas, 5-cent tax on marine fuel and taxes on aviation fuel.
There are additional $23 million spent on expanding an existing Power Cost Equalization programme to help rural residents with electric power costs.
And there's a a Permanent Fund dividend, which is expected to be close to $2,100. In total, Alaska residents could get a check of $3,300.
All of that is paid for by "the state's multibillion-dollar oil revenue surplus".