summary
Introduced
02/12/2025
02/12/2025
In Committee
02/12/2025
02/12/2025
Crossed Over
Passed
Dead
Introduced Session
34th Legislature
Bill Summary
An Act establishing a tax on federal campaign spending in the state; and providing for an effective date.
AI Summary
This bill establishes a new 5% tax on federal political campaign spending within the state of Alaska. The tax applies to all campaign expenditures, including spending on media, salaries, consultants, and any expenses that must be reported to the Federal Election Commission (FEC). Campaign organizations will be responsible for collecting the tax at the time the expenditure is made and must remit the funds to the state department according to regulations that will be developed. The tax is additional to any existing municipal taxes and does not replace them. The bill will go into effect on January 1, 2026, giving campaigns and tax authorities time to prepare for the new requirement. By implementing this tax, the state aims to generate revenue from federal campaign activities while creating an additional financial consideration for political campaigns operating in Alaska.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
House State Affairs Hearing (13:00:00 5/17/2025 Gruenberg 120) (on 05/17/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.akleg.gov/basis/Bill/Detail/34?Root=HB100 |
| BillText | https://www.akleg.gov/PDF/34/Bills/HB0100A.PDF |
Loading...