AN ACT RELATING TO CAMPAIGN CONTRIBUTION LIMITS AND DISCLOSURE
Be it enacted by the people of the State of Alaska:
Section 1. AS 15.13.070(b) is amended to read:
(b) an individual may contribute not more than
(1) $500 a year to a nongroup entity for the purpose of influencing the nomination or election of a candidate, to a candidate, to an individual who conducts a write-in campaign as a candidate, or to a group that is not a political party;
(2) $5, 000 a year to a political party for the purpose of influencing the nomination or election of a candidate or candidates.
Section 2. AS 15.13.070(c) is amended to read:
(c) a group that is not a political party may contribute not more than $1,000 a year
(1) to a candidate, or to an individual who conducts a write-in campaign as a candidate;
(2) to another group, to a nongroup entity, or to a political party.
Section 3. AS 15.13.070(f) is amended to read:
(f) a nongroup entity may contribute not more than $500 a year to another nongroup entity for the purpose of influencing the nomination or election of a candidate, to a candidate, to an individual who conducts a write-in campaign as a candidate, to a group, or to a political party.
Section 4. AS 24.45.171(8) is amended to read:
(8) "lobbyist" means a person who
(A) is employed and receives payments, or who contracts for economic consideration, including reimbursement for reasonable travel and living expenses, to communicate directly or through the person's agents with any public official for the purpose of influencing legislative or administrative action for more than 10 hours in any 30-day period in one calendar year; or
(B) represents the person as engaging in the influencing of legislative or administrative action as a business, occupation or profession.
Section 5. AS 24.60.200 is amended to read:
Sec. 24.60.200. Financial disclosure by legislators, public members of the committee, and legislative directors. A legislator, a public member of the committee, and a legislative director shall file a disclosure statement, under oath and on penalty of perjury, with the Alaska Public Offices Commission giving the following information about the income received by the discloser, the discloser's spouse or domestic partner, the discloser's dependent children, and the discloser's nondependent children who are living with the discloser;
(1) the information that a public official is required to report under AS 39.50.030, other than information about gifts;
(2) as to income in excess of $1,000 received as compensation for personal services, the name and address of the source of the income, and a statement describing the nature of the services performed; if the source of income is known or reasonably should be known to have a substantial interest in legislative, administrative, or political action and the recipient of the income is a legislator or a legislative director, the amount of income received from the source shall be disclosed;
(3) as to each loan or loan guarantee over $1,000 from a source with a substantial interest in legislative, administrative or political action, the name and address of the person making the loan or guarantee, the amount of the loan, the terms and conditions under which the loan or guarantee was given, the amount outstanding at the time of filing, and whether or not a written loan agreement exists.
Section 6. Effective Date. This Act takes effect January 1, 2005.