This bill amends the campaign contribution limits for state and local offices in Alaska, establishing new financial thresholds for individual, group, and nongroup entity contributions. Specifically, individuals can contribute up to $2,000 each election cycle to candidates or write-in campaigns, while groups that are not political parties can contribute up to $4,000 each election cycle to candidates. Additionally, the bill allows for contributions of $5,000 each year to political parties or other groups. The legislation also introduces a mechanism for adjusting these limits every decade starting in 2031, based on the Consumer Price Index for urban Alaska.

Furthermore, the bill clarifies that certain contribution limits do not apply to entities making independent expenditures and modifies the reporting requirements for campaign contributions. The term "election cycle" is defined to encompass the period from when a candidate can receive contributions until the final report is filed. The bill ensures that these changes do not affect contributions made for elections prior to its effective date. Overall, the legislation aims to enhance the integrity of elections by establishing reasonable limits on campaign contributions.

Statutes affected:
HB0016A, AM HB 16, introduced 01/10/2025: 15.13.070, 15.13.110, 15.13.400