00                             SENATE BILL NO. 155                                                                         
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)  An individual may contribute not more than                                                              
05 (1)  $1,000 [$500] per year to a nongroup entity for the purpose of                                                 
06 influencing the nomination or election of a candidate, to a candidate, to an individual                                 
07 who conducts a write-in campaign as a candidate, or to a group that is not a political                                  
08       party;                                                                                                            
09                 (2)  $5,000 per year to a political party.                                                              
10    * Sec. 2. AS 15.13.070 is amended by adding a new subsection to read:                                              
11 (h)  Beginning in the first quarter of calendar year 2026 and every four years                                          
12 thereafter, the commission shall, by regulation, adjust the contribution limitations set                                
13 out in this section by a percentage equal to the percentage of increase over the                                        
14 preceding four-year period in all items of the Consumer Price Index for all urban                                       
15       consumers for Anchorage, Alaska, rounded up to the nearest $10 increment.                                         
01    * Sec. 3. AS 15.13.072(g) is amended to read:                                                                      
02 (g)  While the legislature is convened in a regular or special legislative                                          
03 session, [A CANDIDATE OR] an individual who has filed with the commission the                                       
04 document necessary to permit that individual to incur election-related expenses under                                   
05 AS 15.13.100 for election or reelection to the office of governor or lieutenant governor                                
06 may not solicit or accept a contribution to be used for the purpose of influencing the                              
07       outcome of an election under this chapter unless                                                              
08 (1)  it is an election in which the individual is a candidate, either                                               
09 individually or as a part of a joint campaign for governor and lieutenant                                           
10       governor;                                                                                                     
11                 (2)  the solicitation or acceptance occurs during the 90 days                                       
12       immediately preceding that election; and                                                                      
13 (3)  the solicitation or acceptance occurs in a place other than [IN]                                               
14 the capital city or a municipality in which [WHILE] the legislature is convened in [A                               
15 REGULAR OR] special [LEGISLATIVE] session if the legislature is convened in a                                       
16       municipality other than the capital city.                                                                     
17    * Sec. 4. AS 15.13.072(a)(2) and 15.13.072(e) are repealed.                                                      
18    * Sec. 5. This Act takes effect immediately under AS 01.10.070(c).