Alaska Initiative 2, Financial Disclosure Initiative (August 1974)

Alaska Initiative 2
Election date August 27, 1974
Topic Ethics rules and commissions and Open meetings and public information
Status Approved
Type Indirect initiated state statute	Origin Citizens

Alaska Initiative 2 was on the ballot as an indirect initiated state statute in Alaska on August 27, 1974. It was approved.

A "yes" vote supported requiring public officials to disclose their financial interests and business dealings, with penalties for non-compliance.

A "no" vote opposed requiring public officials to disclose their financial interests and business dealings, with penalties for non-compliance.

Election results

Alaska Initiative 2
Result		Votes	Percentage
Yes		57,094	71.15%
No		23,151	28.85%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for Initiative 2 was as follows:

“

INITIATIVE PROPOSAL NO. 2 TITLE: CONFLICTS OF INTERESTS OF PUBLIC OFFICIALS This initiative would require the governor, lieutenant governor, legislators, judges, magistrates, department heads, and members of state boards and commissions to file public statements of their personal finances. Each candidate for elective state office must submit his statement at the time of filing for office. Statements must specify: sources of items of income over $100, identity and nature of the person’s and his household’s business interests and interests in real property and trusts, loans over $100, contracts with the state, and resource extraction leases. Penalties for violation of disclosure requirements are fine, imprisonment or forfeiture of office.

”

Full Text

The full text of this measure is available here.

Path to the ballot

See also: Signature requirements for ballot measures in Alaska

An indirect initiated state statute is a citizen-initiated ballot measure that amends state statute. While a direct initiative is placed on the ballot once supporters file the required number of valid signatures, an indirect initiative is first presented to the state legislature. Legislators have a certain number of days, depending on the state, to adopt the initiative into law. Should legislators take no action or reject the initiative, a second round of signatures is required to put the initiative on the ballot for voters to decide.

See also

1974 Measures

• 1974 Measures
• Open meetings and public information on the ballot
• Ethics rules and commissions on the ballot
• 1974 legislative sessions

Alaska

• Alaska ballot measures
• Alaska ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls