Alaska campaign groups would disclose out-of-state election funding

Organizations other than individuals would provide an Alaska address or an eligible in-state agent before making covered election spending. This applies to organizations spending to support or oppose a candidate, ballot measure, or initiative proposal. An agent must be an Alaska resident with an in-state address or a domestic corporation authorized to do business in Alaska. The address or agent is required before covered spending. Organizations must report a change to their address or agent within 10 days. If enacted, the bill would take effect immediately.

Individuals, groups, and other organizations could give no more than $3,000 per year to a group or other organization that makes only independent expenditures. The limit covers contributions by individuals, groups, and nongroup entities to groups or nongroup entities that make only independent expenditures. The limit applies to contributions to groups or nongroup entities that make only independent expenditures. The limit is measured each year. If enacted, the bill would take effect immediately.

Candidates would report the identity and total bundled contributions of each person they reasonably know bundled more than $10,000 during an election cycle. The report covers a person who bundled more than $10,000 in contributions for a candidate during an election cycle. Bundled contributions include money someone forwards to a candidate or money the candidate credits to someone for raising it. The report is filed under the campaign reporting schedule in Alaska law. If enacted, the bill would take effect immediately.

Groups and other organizations meeting the majority out-of-state funding test would register, report certain large contributions, and identify their funding source in covered election messages. These rules apply to groups and nongroup entities that accept a majority of their yearly contributions from nonresident individuals and groups or nongroup entities not incorporated in Alaska, and to their covered independent-spending messages. The test counts yearly contributions from nonresident individuals and groups or nongroup entities not incorporated in Alaska. A covered entity would report a contribution over $500 within 24 hours. Covered print, video, and audio messages would say that most contributions came from outside Alaska; the statement must stay onscreen throughout a covered broadcast, cable, satellite, Internet, or other digital communication. The funding test applies during a calendar year. If enacted, the bill would take effect immediately and would not apply to contributions for elections held before its effective date.