HB 333-CAMPAIGN CONTRIBUTIONS/POET ACCTS  9:15:27 AM CHAIR WIELECHOWSKI announced that the next bill before the committee would be HB 333, which proposes to modify statutes pertaining to Public Offices Expense Term (POET) accounts. JULI LUCKY, staff, Representative Mike Hawker, introduced the bill on behalf of the sponsor. She explained that the bill makes one major change to the statute by repealing the POET account reserve. She noted that the bill also sets in statute, in Section 1, what a person can do with any remaining POET funds. It provides guidelines for both POET accounts. CHAIR WIELECHOWSKI requested an overview of how the POET account works. MS. LUCKY explained that when a member finishes his or her campaign, there is a certain amount of time to expend campaign money. There is also a limit as to what can be done with the money. One of the options is to put a certain amount into a POET account for legitimate office expenses. The amount is limited to $5,000 per year of term of office. She explained the way the current process works is for $5,000 to be deposited into the POET account and anything over that amount must be put into a POET reserve account. A transfer of $5,000 per year from the reserve account back into the POET account would then be allowed. That process was deemed unnecessary and complicated. The new legislation would allow a person to deposit the full amount directly into the POET account. CHAIR WIELECHOWSKI asked if there have been any objections to the bill. MS. LUCKY said no. She noted that Alaska Public Officers Commission (APOC) requested two amendments which have been incorporated into the House State Affairs version of the bill. 9:19:13 AM JOAN MIZE, Lobby Administrator, Alaska Public Officers Commission (APOC), Juneau, Alaska, offered to answer questions related to HB 333. CHAIR WIELECHOWSKI asked Ms. Mize if she considered HB 333 a "clean-up" bill. MS. MAIZE said yes. CHAIR WIELECHOWSKI closed public testimony. SENATOR KOOKESH asked if there was another committee referral for the bill. MS. MAIZE said no. CHAIR WIELECHOWSKI stated that HB 333 would be held in committee.