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HB 44: "An Act relating to amending reporting requirements for contributions to groups and to limitations on the amount of political contributions by individuals and groups; and providing for an effective date."

00 HOUSE BILL NO. 44 01 "An Act relating to amending reporting requirements for contributions to groups and to 02 limitations on the amount of political contributions by individuals and groups; and 03 providing for an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 15.13.040(b) is amended to read: 06 (b) Except as provided in (l) of this section, each group shall make a full 07 report upon a form prescribed by the commission, listing 08 (1) the name and address of each officer and director; 09 (2) the aggregate amount of all contributions made to it; 10 (3) for all contributions in excess of $100 in the aggregate during a 11 calendar year, the name, address, principal occupation, and employer of the 12 contributor, and the date [,] and amount contributed by each contributor [AND, FOR 13 CONTRIBUTIONS IN EXCESS OF $250 IN THE AGGREGATE DURING A 14 CALENDAR YEAR, THE PRINCIPAL OCCUPATION AND EMPLOYER OF THE

01 CONTRIBUTOR]; and 02 (4) the date and amount of all contributions made by it and all 03 expenditures made, incurred, or authorized by it. 04 * Sec. 2. AS 15.13.070(b) is amended to read: 05 (b) An individual may contribute not more than 06 (1) $500 a [$1,000 PER] year to a nongroup entity for the purpose of 07 influencing the nomination or election of a candidate, to a candidate, to an individual 08 who conducts a write-in campaign as a candidate, or to a group that is not a political 09 party; 10 (2) $5,000 a [$10,000 PER] year to a political party [FOR THE 11 PURPOSE OF INFLUENCING THE NOMINATION OR ELECTION OF A 12 CANDIDATE OR CANDIDATES]. 13 * Sec. 3. AS 15.13.070(c) is amended to read: 14 (c) A group that is not a political party may contribute not more than $1,000 a 15 year 16 (1) [$2,000 PER YEAR] to a candidate, or to an individual who 17 conducts a write-in campaign as a candidate; 18 (2) [$2,000 PER YEAR] to another group, to [OR] a nongroup entity, 19 [;] or 20 [(3) $4,000 PER YEAR] to a political party. 21 * Sec. 4. This Act takes effect immediately under AS 01.10.070(c).