Title 2 . Administration

Chapter 50 . Public Information

Section 321. Regular reporting by candidates, groups, and nongroup entities

2 AAC 50.321. Regular reporting by candidates, groups, and nongroup entities

(a) Each candidate or group, or nongroup entity filing reports under AS 15.13 shall report

(1) for each monetary contribution, the

(A) date received;

(B) check number;

(C) name and address of contributor; and

(D) amount;

(2) for each nonmonetary contribution,

(A) the date received;

(B) the name and address of the contributor;

(C) a description of each contribution; and

(D) the estimated fair market value of each contribution;

(3) for each loan or loan guarantee, the

(A) date received;

(B) name and address of the lender, loan guarantor, or cosigner;

(C) principal occupation and employer of the lender, loan guarantor, or cosigner;

(D) interest rate; and

(E) amount.

(b) When reporting contributions, a candidate, group, or nongroup entity shall keep a cumulative total of the contributions, including loans, made by each contributor, regardless of the amount of each contribution. For each contribution or aggregate of contributions from the same contributor that exceeds $250, a candidate, group, or nongroup entity shall report the principal occupation and employer of the contributor in addition to the information reported under (a) of this section.

(c) For each contribution from the candidate to the campaign and for income earned from contributions, including bank interest and income from unused contributions invested in compliance with 2 AAC 50.348, a candidate, group, or nongroup entity filing reports under AS 15.13 shall report the

(1) date received;

(2) description of the income;

(3) name and address of the source of the income; and

(4) amount or estimated value.

(d) Each candidate, group, or nongroup entity filing reports under AS 15.13 shall report each paid expenditure by reporting the

(1) date of payment;

(2) check number;

(3) name and address of the payee;

(4) purpose of the expenditure; and

(5) amount.

(e) Each candidate group, or nongroup entity filing reports under AS 15.13 shall report each accrued expenditure by reporting the

(1) date the expenditure was incurred;

(2) name and address of the person with whom the debt was incurred;

(3) purpose of the accrued expenditure; and

(4) amount.

History: Eff. 7/22/78, Register 67; am 1/1/2001, Register 156; am 2/20/2005, Register 173

Authority: AS 15.13.030

AS 15.13.040

AS 15.13.112

AS 15.13.400