An Act requiring a group supporting or opposing a candidate or ballot proposition in a state or local election to maintain an address in the state; amending campaign contribution disclosure requirements; requiring the disclosure of certain persons who coordinate and aggregate individual campaign contributions; limiting contributions to groups or nongroup entities that make only independent expenditures; requiring certain groups and nongroup entities to register with the Alaska Public Offices Commission as majority-nonresident-funded entities; requiring certain disclosures in communications funded by independent expenditures; relating to disbursement of campaign assets after an election; and providing for an effective date.

This bill aims to increase transparency in Alaska elections by requiring groups supporting or opposing candidates or ballot propositions to maintain a state address. It amends campaign contribution disclosure requirements, including requiring the disclosure of individuals coordinating campaign contributions and limiting contributions to groups funded primarily by non-residents. Groups and nongroup entities primarily funded by non-residents must register with the Alaska Public Offices Commission, and certain communications funded by independent expenditures must include specific disclosures. The bill also addresses the disbursement of campaign assets after an election and clarifies reporting requirements for candidates and organizations.