1. (a) A candidate for municipal office who does not intend to receive contributions exceeding $5,000, or make expenditures exceeding $5,000, may file an exemption statement in a format prescribed by the commission instead of the candidate registration form required under 2 AAC 50.282. A candidate who files an exemption statement is not required to file a campaign disclosure report required under AS 15.13.110 and 2 AAC 50.321, but shall comply with all other requirements of AS 15.13, including

   1. (1) limitations on who may contribute;
   2. (2) amount and timing of contributions; and
   3. (3) use of campaign money.
2. (b) If a candidate who has filed an exemption statement accepts more than $5,000 in contributions or spends more than $5,000 to influence the outcome of the election, the candidate loses the reporting exemption under this section. A candidate whose exemption is lost shall immediately register as a candidate and shall file each campaign disclosure report due after the change in status. The candidate's first campaign disclosure report must include each contribution and expenditure from the beginning of the campaign through the end of that reporting period.

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

Authority: AS 15.13.030, AS 15.13.074, AS 15.13.086, AS 15.13.040, AS 15.13.082, AS 15.13.112, AS 15.13.070, AS 15.13.084