Alaska Regulations § 2 AAC 50.328 Reporting exempt fundraising activities
Regulation Text
(a)
A candidate or treasurer shall report a fundraising activity that meets the criteria of
AS
15.13.040
(
l
) and this section by filing the exempt fundraiser form prescribed by the commission. An event is an exempt fundraiser if
(1)
for a fundraiser similar in nature to a spaghetti feed, dance, or concert, more than 25 participants pay to attend, and the amount received from any one person does not exceed $50;
(2)
for a fundraiser similar in nature to a raffle, lottery, or drawing, 25 or more tickets are sold, and the amount received from any one person buying tickets or chances does not exceed $50;
(3)
for a fundraiser at which income is produced by selling campaign material such as T-shirts or hats, the price of a single item does not exceed $10, and the amount received from any one person purchasing items does not exceed $50;
(4)
for a fundraiser similar in nature to a garage sale or an auction, the fair market value of each item donated for sale or auction does not exceed $50, and the amount received from any person purchasing items at the event does not exceed $50.
(b)
For each exempt fundraiser, the candidate or treasurer shall report the information required in
AS
15.13.040
(
l
), and
(1)
the date and location of the fundraising activity;
(2)
the price of a single ticket or campaign item sold;
(3)
the total number of tickets or items sold;
(4)
the number of paying participants whose names were recorded;
(5)
the number of paying participants whose names were not recorded;
(6)
the total costs and receipts of the fundraising activity; and
(7)
the total income for this reporting period received from participants whose names were not recorded.
(c)
If a person contributes more than $50 at an otherwise exempt fundraiser, the contribution must be reported as set out in
2 AAC 50.321
.
History
Eff. 1/1/2001, Register 156; am 2/20/2005, Register 173; am 12/22/2011, Register 200
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