Alaska Regulations § 2 AAC 50.740 Reporting loans, loan guarantees, and indebtedness
Regulation Text
(a)
In reporting the identity of each creditor as required under
AS
39.50.030
(b)(5)
, a public official or candidate
(1)
shall include any government entity that has filed a tax lien against property owned by the public official, candidate, or family member, or that claims any other indebtedness from the public official, candidate, or family member;
(2)
is not required to list any retail charge account creditor, revolving charge account creditor, or credit card creditor.
(b)
A legislative branch filer shall report the information required under
AS
24.60.200
(3)
regarding any loan or loan guarantee made by a person who has a substantial interest in legislative, administrative, or political action. A person has a substantial interest in legislative, administrative, or political action if the person
(1)
meets one or more of the criteria set out in
AS
24.60.990
(b)
;
(2)
employs a lobbyist during any part of the period covered by the disclosure statement;
(3)
is a municipality or local government entity; or
(4)
receives a benefit or avoids a disadvantage as a direct result of a legislative, administrative, or political action, including an action concerning a professional or occupational license, a natural resource permit or quota, a rate of assessment or taxation, a health, safety, or environmental standard, or an insurance or business practice; a person will be presumed to have a substantial interest in legislative action under this paragraph if the legislator or legislative director filing a disclosure statement participated in legislative action that resulted in the benefit or the avoided disadvantage.
History
Eff. 7/20/95, Register 135; am 1/1/2001, Register 156; am 12/22/2011, Register 200
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