Senate Passes Legislation Requiring Corporate and Union Campaign Disclosure
SB 284 responds to Alaskans' concerns over recent federal court ruling
JUNEAU - The Alaska Senate today passed Senate Bill 284, legislation requiring corporations and labor unions to report their contributions and expenditures in elections.
In the wake of the recent U.S. Supreme Court ruling, Citizens United v. Federal Election Commission, Alaska is facing participation by corporations and unions for or against candidates in its elections for the first time. Because this activity had been banned, there are currently no reporting requirements in law for these groups. SB 284 addresses Alaska law to be sure that the public is fully informed of the contributions and expenses of these new participants, both in reports to the Alaska Public Offices Commission and in all communications.
"In order to retain Alaskans trust in our system, it is vital that legislation be passed this year," said Senator Hollis French, D-Anchorage, Chair of the Senate Judiciary Committee. "I am pleased with the speed with which the Senate has addressed this critical issue."
SB 284 now goes to the House of Representatives for consideration.