2 AAC 50.384 - Winding up campaign affairs
(a) After an
election, a candidate shall disburse unused campaign contributions and other
property as provided in
AS
15.13.116 no later than February 1 following
each state primary or general election, or 90 days after a municipal election,
a municipal runoff election, or, except as provided in (d) of this section, a
special election. A candidate shall report the disbursement of unused campaign
contributions and other property no later than 15 days after the disbursement,
but no later than February 15 for each state primary or general election, and
no later than 105 days after a municipal election, a municipal runoff election,
or, except as provided in (d) of this section, a special election. A candidate
who transfers unused campaign contributions to a future campaign account under
AS
15.13.116(a)(7) and uses
them in compliance with
2 AAC 50.348(c) and (d), or who
transfers unused campaign contributions to a public office expense term account
under AS
15.13.116(a)(8), shall
continue to file applicable reports. A candidate who is unable to close a
campaign account or pay all campaign debts by the deadlines in this section
shall continue to file applicable reports. Any unpaid campaign debt remains the
responsibility of the campaign, and does not become a personal debt of the
candidate.
(b) After an election, a
group or nongroup entity may
(1) leave its
money in a campaign account until the following election if the group plans to
remain active; a group remaining active must re-register annually in compliance
with 2 AAC 50.290(a),
and must file a year-end report by February 15 as provided in
AS
15.13.110(a)(4);
or
(2) disburse the campaign
account money by
(A) contributing to another
candidate or group subject to the contribution limitations and other
requirements of AS 15.13;
(B)
donating the money to a qualified charitable organization under
26 U.S.C.
501(c)(3);
(C) repaying its contributors; or
(D) paying for a victory or thank you
party.
(c) A
group or nongroup entity that does not plan to remain active shall report the
disbursement of all campaign money no later than 15 days after the
disbursement, but no later than February 15 for each state primary or general
election, and no later than 105 days after a municipal election, a municipal
runoff election, or, except as provided in (d) of this section, a special
election.
(d) In this section, the
time limits for disbursement and reporting after a primary or general election
apply to a special election that is called to be held with, and at the time of,
a general election or primary election.
Notes
Authority:AS 15.13.010
AS 15.13.030
AS 15.13.072
AS 15.13.074
AS 15.13.110
AS 15.13.112
AS 15.13.116
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