SENATOR LEMAN brought SB 49 (YEAR-END CAMPAIGN FINANCE REPORTS) before the committee as the first order of business. JOSH FINK, representing SENATOR KELLY'S office testified in support of SB 49. He explained this legislation makes some long needed adjustments to the campaign reporting laws, the major feature of which is closing the two-day reporting gap. Number 035 Since the inception of Alaska's current finance reporting laws in 1974, there has been an inadvertent two-day gap which occurs between the seven day pre-election report and the 24-hour reports. The reporting period for the 7-day pre- election report ends three days prior to the report due date. The 24-hour reports for contributions which exceed $250 do not begin until 7 days prior to the election. Thus, contributions exceeding $250 received the 9th and 8th days before the election are not reported until the 10-day post election report. This has the effect of obscuring the public's right to know. In addition SB49 would change the deadline for filing year- end campaign reports from December 31 to February 15th, thus allowing candidates and groups the use of December bank statements, and provide a longer time period to prepare a year-end report. This legislation was introduced in the 17th Legislature and, after passage in the House, passed the Senate Ethics Reform and Judiciary Committees, but died in the Senate Rules Committee. During the committee process last session the Alaska Public Office Commission requested amendments to the bill; new language clarifies scope of year-end report; and the filing of zero reports are made mandatory. SENATOR ELLIS asked if SENATOR KELLY had discussed introduction of this bill with SENATOR DONLEY and if he was in agreement with the amendments contained within the legislation. JOSH FINK, answered that SENATOR KELLY had talked with SENATOR DONLEY and that SENATOR DONLEY was first co-sponsor. Number 100 BROOKE MILES, representing the Alaska Public Office Commission, testified that SB49 was identical to House Bill 86 from the 17th Legislature and that the Alaska Public Office Commission was in favor of it. SENATOR LEMAN asked if the February 15th date was to allow time for bank statements to clear. BROOKE MILES, replied that the January 15th date was a concern, and that the commission supported the date change to February 15th. She mentioned that the commission currently did not have the statutory authority for moving forward that date to January 15. A final concern with respect to its January 15 date is that, except for the year following gubernatorial elections, January 15 always falls on the first week of the legislative session, which makes it difficult for some elected officials who haven't filed their report before they come to Juneau to file it timely. Number 130 SENATOR TAYLOR moved to pass SB 49 from committee with individual recommendations. Hearing no objections, it was so ordered.