00 CS FOR SENATE BILL NO. 20(STA) 01 "An Act relating to disclosures by legislators, legislative employees, public members of 02 the Select Committee on Legislative Ethics, and legislative directors subject to the 03 Legislative Ethics Act; relating to the applicability of the Legislative Ethics Act; and 04 providing for an effective date." 05 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 06 * Section 1. AS 24.60.020(a) is amended to read: 07 (a) Except as otherwise provided in this subsection, this chapter applies to a 08 member of the legislature, to a legislative employee, and to public members of the 09 committee. This chapter does not apply to 10 (1) a former member of the legislature or to a person formerly 11 employed by the legislative branch of government unless a [THE] provision of this 12 chapter specifically states that it applies; 13 (2) a person elected to the legislature who at the time of election is not 14 a member of the legislature. 01 * Sec. 2. AS 24.60 is amended by adding a new section to article 2 to read: 02 Sec. 24.60.115. Disclosure required of a legislator, legislative employee or 03 public member of the committee after final day of service. A person serving as a 04 legislator, legislative employee, or public member of the committee shall, not later 05 than 90 days after the person's final day of service, file a disclosure of every matter 06 that was subject to disclosure under this chapter while the person was serving. 07 * Sec. 3. AS 24.60.200 is amended to read: 08 Sec. 24.60.200. Financial disclosure by legislators, public members of the 09 committee, and legislative directors. A legislator, a public member of the committee, 10 and a legislative director shall file a disclosure statement, under oath and on penalty of 11 perjury, with the Alaska Public Offices Commission giving the following information 12 about the income received by the discloser, the discloser's spouse or domestic partner, 13 the discloser's dependent children, and the discloser's nondependent children who are 14 living with the discloser: 15 (1) the information that a public official is required to report under 16 AS 39.50.030, other than information about gifts; 17 (2) as to income in excess of $1,000 received as compensation for 18 personal services, and as to dividend income in excess of $1,000 received from a 19 limited liability company as compensation for personal services, the name and 20 address of the source of the income, and a statement describing 21 (A) the nature of the services performed, with sufficient 22 description to make clear to a person of ordinary understanding the 23 specific services performed; 24 (B) the approximate total number of hours that have been 25 spent or will be spent performing the services; and 26 (C) the amount of income received from the source, if the [; 27 IF THE SOURCE OF INCOME IS KNOWN OR REASONABLY SHOULD 28 BE KNOWN TO HAVE A SUBSTANTIAL INTEREST IN LEGISLATIVE, 29 ADMINISTRATIVE, OR POLITICAL ACTION AND THE] recipient of the 30 income is a legislator or legislative director [, THE AMOUNT OF INCOME 31 RECEIVED FROM THE SOURCE SHALL BE DISCLOSED]; 01 (3) as to each loan or loan guarantee over $1,000 from a source with a 02 substantial interest in legislative, administrative, or political action, the name and 03 address of the person making the loan or guarantee, the amount of the loan, the terms 04 and conditions under which the loan or guarantee was given, the amount outstanding 05 at the time of filing, and whether or not a written loan agreement exists. 06 * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to 07 read: 08 APPLICABILITY. (a) Section 2 of this Act applies to a person serving as a legislator 09 who leaves service on or after the effective date of this Act, and to a person who is not a 10 legislator but served as a legislator between April 9, 2006, and the effective date of this Act. 11 (b) A person who is not a legislator on the effective date of this Act but who served as 12 a legislator between April 9, 2006, and the effective date of this Act shall make the disclosure 13 required by AS 24.60.115, added by sec. 2 of this Act, within 90 days after the effective date 14 of this Act. 15 * Sec. 5. This Act takes effect July 1, 2007.