2 Alaska Admin. Code § 50.740

Current through September 25, 2024
Section 2 AAC 50.740 - Reporting loans, loan guarantees, and indebtedness
(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.

2 AAC 50.740

Eff. 7/20/95, Register 135; am 1/1/2001, Register 156; am 12/22/2011, Register 200

Authority:AS 15.13.030

AS 24.60.200

AS 24.60.220

AS 39.50.020

AS 39.50.030

AS 39.50.050