00HOUSE BILL NO. 241                                                                                                      
01 "An Act relating to the use of a candidate's campaign account."                                                         
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1.  AS 15.13 is amended by adding a new section to read:                                                   
04  Sec. 15.13.105.  USE OF BALANCE OF A CANDIDATE'S CAMPAIGN                                                             
05 ACCOUNT.  (a)  A candidate may not expend money from the candidate's campaign                                           
06 account as personal income.                                                                                             
07  (b)  The disbursement of a surplus balance of a candidate's campaign account                                          
08 shall be reported to the commission within 10 days after final disposition of the                                       
09 balance.                                                                                                                
10  (c)  A candidate disbursing the surplus balance in the candidate's campaign                                           
11 account may                                                                                                             
12   (1)  give the money to charity;                                                                                      
13   (2)  repay contributors to the candidate's campaign; a repayment under                                               
14 this paragraph may not exceed the amount of the initial contribution from the                                           

01 contributor;                                                                                                            
02   (3)  repay the candidate, if the candidate made contributions to the                                                 
03 campaign, but only in the amount that does not exceed  the contributions the candidate                                  
04 made;                                                                                                                   
05   (4)  leave the money in a campaign account until the next time the                                                   
06 candidate campaigns for elective office; however, any interest realized from a surplus                                  
07 in a campaign account must remain in the account and be reported on the first report                                    
08 required of the candidate when the candidate is again a candidate for elective office;                                  
09   (5)  contribute the money to another candidate or a group controlled by                                              
10 a candidate, subject to the limitation of AS 15.13.070, to a political party, or to a                                   
11 group supporting a ballot proposition or question; or                                                                   
12   (6)  contribute the money to the state general fund.