txt

CSHB 183(JUD): "An Act relating to the use of campaign contributions for shared campaign activity expenses and to reimbursement of those expenses."

00 CS FOR HOUSE BILL NO. 183(JUD) 01 "An Act relating to the use of campaign contributions for shared campaign activity 02 expenses and to reimbursement of those expenses." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 15.13.112(b) is amended to read: 05 (b) Campaign contributions held by a candidate or group may not be 06 (1) used to give a personal benefit to the candidate or to another 07 person; 08 (2) converted to personal income of the candidate; 09 (3) loaned to a person; 10 (4) knowingly used to pay more than the fair market value for goods or 11 services purchased for the campaign; 12 (5) used to pay a criminal fine; 13 (6) used to pay civil penalties; however, campaign contributions held 14 by a candidate or group may be used to pay a civil penalty assessed under this chapter

01 if authorized by the commission or a court after it first determines that 02 (A) the candidate, campaign treasurer, and deputy campaign 03 treasurer did not cause or participate in the violation for which the civil penalty 04 is imposed and exercised a reasonable level of oversight over the campaign; 05 and 06 (B) the candidate, campaign treasurer, and deputy campaign 07 treasurer cooperated in the revelation of the violation and in its immediate 08 correction; or 09 (7) used to make contributions to another candidate or to a group; 10 however, it is not a violation of this paragraph if, in circumstances in which a 11 candidate or group participates in a shared campaign activity, the candidate or 12 group participating in the activity 13 (A) uses campaign contributions of the candidate or group 14 for payment of 15 (i) all of the shared campaign activity expense; or 16 (ii) more than the candidate's or group's pro rata 17 share of the activity expense; and 18 (B) receives, within five working days after payment of the 19 expense, complete reimbursement of the amount of campaign 20 contributions used for payments made on behalf of another candidate or 21 group participating in the activity.