(a) In a disclosure statement required by AS 24.60.200 or AS 39.50.020, a legislative branch filer, public official, or candidate shall report the applicable information required in AS 39.50.030(b)(1) for all amounts greater than $1,000 received as
- (1) compensation or benefits received from an employer, including a nonprofit entity, and a government employer; compensation or benefits include wages, salary, commissions, tips, bonuses, housing, and use of an automobile;
- (2) dividends, interest, and other distributions of earnings from a business or investment;
- (3) self-employment income as provided in 2 AAC 50.700;
- (4) rental income as provided in 2 AAC 50.725; and
- (5) any other income, including proceeds of a sale of goods or property, capital gains, pensions, retirement account cash-outs, government entitlements, alimony or child support payments, honoraria, and payments not otherwise accounted for.
- (b) In a disclosure statement required by AS 39.50.020, a public official or candidate shall report the applicable information required in AS 39.50.030(b)(1) for any gift with a fair market value greater than $250, and for all gifts from a single source with a cumulative value greater than $250. A public official or candidate is not required to report an item received without consideration from a family member, a parent, nondependent child, sibling, grandparent, aunt, uncle, niece, or nephew. The requirements of this subsection do not apply to a legislative branch filer. However, nothing in this section relieves a legislative branch filer from a reporting requirement or limitation on acceptance of gifts in any other provision of law.
(c) The amount of any income more than $1,000 that must be reported, or the value of a gift more than $250 that must be reported, may be stated in a range rather than as an exact amount. The ranges to be used for this purpose are the following:
- (1) more than $250 and no more than $1,000, for gifts only;
- (2) more than $1,000 and no more than $2,000;
- (3) more than $2,000 and no more than $5,000;
- (4) more than $5,000 and no more than $10,000;
- (5) more than $10,000 and no more than $20,000;
- (6) more than $20,000 and no more than $50,000;
- (7) more than $50,000 and no more than $100,000;
- (8) more than $100,000 and no more than $200,000;
- (9) more than $200,000 and no more than $500,000;
- (10) more than $500,000 and no more than $1,000,000;
- (11) more than $1,000,000.
(Eff. 12/22/2011, Register 200)
Authority: AS 15.13.030, AS 24.60.220, AS 39.50.030, AS 24.60.200, AS 39.50.020, AS 39.50.050