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HB 234: "An Act relating to political contributions; and providing for an effective date."

00 HOUSE BILL NO. 234 01 "An Act relating to political contributions; and providing for an effective date." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 15.13.070(b) is amended to read: 04 (b) Except as provided in (h) of this section, an [AN] individual may 05 contribute not more than 06 (1) $1,000 [$500] 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 per year to a political party. 11 * Sec. 2. AS 15.13.070(c) is amended to read: 12 (c) Except as provided in (h) of this section, a [A] group that is not a 13 political party may contribute not more than $2,000 [$1,000] per year 14 (1) to a candidate, or to an individual who conducts a write-in 15 campaign as a candidate;

01 (2) to another group, to a nongroup entity, or to a political party. 02 * Sec. 3. AS 15.13.070(f) is amended to read: 03 (f) Except as provided in (h) of this section, a [A] nongroup entity may 04 contribute not more than $2,000 [$1,000] a year to another nongroup entity for the 05 purpose of influencing the nomination or election of a candidate, to a candidate, to an 06 individual who conducts a write-in campaign as a candidate, to a group, or to a 07 political party. 08 * Sec. 4. AS 15.13.070(g) is amended to read: 09 (g) Where contributions are made to a joint campaign for governor and 10 lieutenant governor, 11 (1) an individual may contribute not more than $2,000 [$1,000] per 12 year; and 13 (2) a group may contribute not more than $4,000 [$2,000] per year. 14 * Sec. 5. AS 15.13.070 is amended by adding new subsections to read: 15 (h) The contribution limits provided under (b)(1), (c)(2), and (f) of this section 16 do not apply to an individual, group, or nongroup entity contributing to a group or 17 nongroup entity that makes only independent expenditures. 18 (i) Beginning in the first quarter of calendar year 2023 and every 10 years 19 thereafter, the commission shall, by regulation, adjust the contribution limitations set 20 out in this section by a percentage equal to the percentage of increase over the 21 preceding 10-year period in all items of the Consumer Price Index for all urban 22 consumers for Anchorage, Alaska, rounded to the nearest $50 increment. 23 * Sec. 6. AS 15.13.072(a)(2), 15.13.072(e), 15.13.072(f), and 15.13.072(h) are repealed. 24 * Sec. 7. This Act takes effect immediately under AS 01.10.070(c).