This bill aims to enhance transparency in campaign financing for state and local elections in Alaska by imposing new requirements on groups that support or oppose candidates or ballot propositions. Key provisions include the requirement for these groups to maintain a physical address in the state, register as majority-nonresident-funded entities if they receive a majority of their contributions from non-residents, and disclose certain individuals who coordinate campaign contributions. Additionally, the bill mandates that communications funded by independent expenditures include clear statements regarding the source of funding, particularly if a majority of contributions come from outside Alaska.

The bill also amends existing campaign contribution disclosure requirements, including the need for detailed reporting of contributions and expenditures, and introduces new rules for bundled contributions. It establishes limits on contributions to groups that make only independent expenditures and requires timely reporting of significant contributions. Furthermore, the legislation clarifies the disbursement of campaign assets after elections and ensures that candidates and groups adhere to electronic reporting standards, with exceptions for those lacking access to technology. Overall, the bill seeks to preserve the integrity of elections by ensuring voters are informed about the sources of campaign funding.

Statutes affected:
HB0371A, AM HB 371, introduced 02/23/2026: 15.13.040, 15.13.110, 15.13.050, 15.13.010, 15.45.020, 15.13.070, 15.13.090, 15.13.073, 15.13.042, 15.13.116, 15.13.100, 15.13.400