Vote Smart's Synopsis:

Vote to pass a bill that limits state politicians' ability to accept campaign donations in Alaska.

Highlights:

• Limits state politicians' ability to accept campaign donations in Alaska (Sec. 1-14).

• Limits Alaskans to $2,000 in donations per candidate in each 2-year election cycle.

• Specifies for the governor’s race, where a lieutenant governor candidate and governor candidate run together on a single ticket, the limit would be $4,000. 

• Specifies that the limit for donations from one person to a political party or group would be $5,000 (Sec. 1-14).

• Specifies that if a group wants to donate to a candidate, the limit is $4,000, or $8,000 for the governor’s race (Sec. 1-14). 

• Requires those limits would be adjusted for inflation every 10 years (Sec. 1-14). 

• Requires a group supporting or opposing a candidate or ballot proposition in a state or local election to maintain an address in the state (Sec. 1-14).

• Amends campaign contribution limits for state and local office; directing the Alaska Public Offices Commission to adjust campaign contribution limits for state and local office once each decade beginning in 2031 (Sec. 1-14).

• Amends provisions related to campaign contribution reporting requirements (Sec. 1-14).

• Amends provisions related to administrative complaints filed with the Alaska Public Offices Commission (Sec. 1-14).

• Amends provisions related to state election expenditures and contributions made by a foreign-influenced corporation or foreign national (Sec. 1-14).

• Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 15).

Full Bill Text