Section 2 AAC 50.328 - Reporting exempt fundraising activities(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.Eff. 1/1/2001, Register 156; am 2/20/2005, Register 173; am 12/22/2011, Register 200Authority:AS 15.13.030
AS 15.13.040