Section 2.50.740. Reporting loans, loan guarantees, and indebtedness.

	(a)  In reporting the identity of each creditor as required under AS 39.50.030(b)(5), a public official or candidate  
		(1) shall include any government entity that has filed a tax lien against property owned by the public official, candidate, or family member, or that claims any other indebtedness from the public official, candidate, or family member;  
		(2) is not required to list any retail charge account creditor, revolving charge account creditor, or credit card creditor.  
	(b)  A legislative branch filer shall report the information required under AS 24.60.200(3) regarding any loan or loan guarantee made by a person who has a substantial interest in legislative, administrative, or political action. A person has a substantial interest in legislative, administrative, or political action if the person  
		(1) meets one or more of the criteria set out in AS 24.60.990(b);  
		(2) employs a lobbyist during any part of the period covered by the disclosure statement;  
		(3) is a municipality or local government entity; or  
		(4) receives a benefit or avoids a disadvantage as a direct result of a legislative, administrative, or political action, including an action concerning a professional or occupational license, a natural resource permit or quota, a rate of assessment or taxation, a health, safety, or environmental standard, or an insurance or business practice; a person will be presumed to have a substantial interest in legislative action under this paragraph if the legislator or legislative director filing a disclosure statement participated in legislative action that resulted in the benefit or the avoided disadvantage.  

Authorities

15.13.030;24.60.200;24.60.220;39.50.020;39.50.030;39.50.050

Notes

Reference

2 AAC 50.690
2 AAC 50.775

Authority

AS 15.13.030 AS 24.60.200 AS 24.60.220 AS 39.50.020 AS 39.50.030 AS 39.50.050

History

Eff. 7/20/95, Register 135; am 1/1/2001, Register 156; am 12/22/2011, Register 200