Section 2.50.321. Reporting by a candidate, group, or nongroup entity.

	(a)  A candidate shall file each report required under AS 15.13.110 containing the information required under AS 15.13.040(a) and the following information:  
		(1) for any monetary contribution, the check number or the identifying transaction number if paid by other means;  
		(2) for any nonmonetary contribution with a value greater than $100, a description of the contribution and the estimated fair market value;  
		(3) for each loan or loan guarantee,  
			(A) the date received;  
			(B) the name and address of the lender and any loan guarantor or cosigner;  
			(C) the principal occupation and employer of the lender, loan guarantor, or cosigner;  
			(D) the interest rate; and  
			(E) the principal amount of the loan;  
		(4) 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) the date received;  
			(B) a description of the income;  
			(C) the name and address of the source of the income; and  
			(D) the amount or estimated value of the contribution or income;  
		(5) for each paid expenditure,  
			(A) the date of payment;  
			(B) the check number or the identifying transaction number if paid by other means;  
			(C) the name and address of the payee;  
			(D) the purpose of the expenditure; and  
			(E) the amount of the expenditure; and  
		(6) under the debt section of the report, for each expenditure incurred but not paid,  
			(A) the date the expenditure was incurred;  
			(B) the name and address of the person with whom the debt was incurred;  
			(C) the purpose of the incurred expenditure; and  
			(D) the amount of the incurred expenditure.  
	(b)  A group shall file each report required by AS 15.13.110 containing the information required in AS 15.13.040(b) and (c) and the following information:  
		(1) for income earned from contributions, including bank interest and income from unused contributions invested in compliance with 2 AAC 50.348, the information required in (a)(4)(A) - (D) of this section; and  
		(2) for each expenditure, the information required in (a)(5) and (6) of this section.  
	(c)  A nongroup entity shall file each report required by AS 15.13.110 containing the information required in AS 15.13.040(j), the treasurer's certification required under AS 15.13.040(c) and the information required under (b)(1) and (2) of this section.  
	(d)  If an expenditure required to be reported under (a) or (b) or this section is made to an advertising agency or to an individual or business that provides campaign consultation or management services, the report must disclose in detail all services rendered, including the name of each business from which campaign goods or services were purchased or subcontracted or media advertising placed, and the amount of the expenditure.  
	(e)  For any contribution, the date received is the day on which the contribution is first in the possession of a candidate, or in the possession of a treasurer or deputy treasurer of a candidate, group, or nongroup entity;  
	(f)  A candidate, group, or nongroup entity that does not receive any contribution and does not make any expenditure in a reporting period may file a zero report for that period by filing the campaign disclosure report with the "no activity" box checked.  
	(g)  A candidate, group, or nongroup entity shall amend a report filed as required under AS 15.13.110 if the value of any transaction in the report is incorrect or subsequently becomes incorrect, even if the value was accurate at the time of initial filing, if the change in value of any transaction is greater than or equal to $100. The treasurer shall amend the report not later than 10 days after the date the correct value is known, or if within nine days of an election, not later than 24 hours.  

Authorities

15.13.030;15.13.040;15.13.110;15.13.112;15.13.400

Notes

Reference

2 AAC 50.250
2 AAC 50.286
2 AAC 50.290
2 AAC 50.292
2 AAC 50.306
2 AAC 50.327
2 AAC 50.328

Authority

AS 15.13.030 AS 15.13.040 AS 15.13.110 AS 15.13.112 AS 15.13.400

History

Eff. 7/22/78, Register 67; am 1/1/2001, Register 156; am 2/20/2005, Register 173; am 12/22/2011, Register 200; am 1/16/2015, Register 213