{"id":8724,"date":"2016-09-04T08:03:20","date_gmt":"2016-09-04T15:03:20","guid":{"rendered":"http:\/\/spijue.wpengine.com\/news\/permanent-fund-board-pitched-on-tax-credit-investment\/"},"modified":"2016-09-04T08:03:20","modified_gmt":"2016-09-04T15:03:20","slug":"permanent-fund-board-pitched-on-tax-credit-investment","status":"publish","type":"post","link":"https:\/\/www.juneauempire.com\/news\/permanent-fund-board-pitched-on-tax-credit-investment\/","title":{"rendered":"Permanent fund board pitched on tax credit investment"},"content":{"rendered":"

JUNEAU \u2014 Gov. Bill Walker\u2019s administration is pitching the board overseeing Alaska\u2019s oil wealth nest egg on a potential investment in the state\u2019s oil and gas tax credit program.<\/p>\n

No decisions were made during Friday\u2019s Alaska Permanent Fund Corp. board meeting in Anchorage. The pitch was made by former Attorney General Craig Richards, who is working as an oil and gas consultant for the administration.<\/p>\n

One idea is that a producer might sell credits to the corporation, perhaps at a discount, and the corporation would receive the full value of the credits from the state once the state pays them.<\/p>\n

With the state mired in a multibillion-dollar budget deficit, Walker has deferred hundreds of millions of dollars in credit obligations, pushing those to future years. The credit obligation for the next fiscal year is expected to be $1.2 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

JUNEAU \u2014 Gov. Bill Walker\u2019s administration is pitching the board overseeing Alaska\u2019s oil wealth nest egg on a potential investment in the state\u2019s oil and gas tax credit program. No decisions were made during Friday\u2019s Alaska Permanent Fund Corp. board meeting in Anchorage. The pitch was made by former Attorney General Craig Richards, who is […]<\/p>\n","protected":false},"author":107,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","wds_primary_category":4,"footnotes":""},"categories":[4],"tags":[230],"yst_prominent_words":[],"class_list":["post-8724","post","type-post","status-publish","format-standard","hentry","category-news","tag-state-news"],"_links":{"self":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/8724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/comments?post=8724"}],"version-history":[{"count":0,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/8724\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media?parent=8724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/categories?post=8724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/tags?post=8724"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/yst_prominent_words?post=8724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}