(a) An individual or group may make contributions, subject only to the limitations of this chapter and AS 24.45, including the limitations on the maximum amounts set out in this section.
(b) An individual may contribute not more than
(1) $500 per year to a nongroup entity for the purpose of influencing the nomination or election of a candidate, to a candidate, to an individual who conducts a write-in campaign as a candidate, or to a group that is not a political party;
(2) $5,000 per year to a political party.
(c) A group that is not a political party may contribute not more than $1,000 per year
(1) to a candidate, or to an individual who conducts a write-in campaign as a candidate;
(2) to another group, to a nongroup entity, or to a political party.
(d) A political party may contribute to a candidate, or to an individual who conducts a write-in campaign, for the following offices an amount not to exceed
(1) $100,000 per year, if the election is for governor or lieutenant governor;
(2) $15,000 per year, if the election is for the state senate;
(3) $10,000 per year, if the election is for the state house of representatives; and
(4) $5,000 per year, if the election is for
(A) delegate to a constitutional convention;
(B) judge seeking retention; or
(C) municipal office.
(e) This section does not prohibit a candidate from using up to a total of $1,000 from campaign contributions in a year to pay the cost of
(1) attendance by a candidate or guests of the candidate at an event or other function sponsored by a political party or by a subordinate unit of a political party;
(2) membership in a political party, subordinate unit of a political party, or other entity within a political party, or subscription to a publication from a political party; or
(3) co-sponsorship of an event or other function sponsored by a political party or by a subordinate unit of a political party.
(f) A nongroup entity may contribute not more than $1,000 a year to another nongroup entity for the purpose of influencing the nomination or election of a candidate, to a candidate, to an individual who conducts a write-in campaign as a candidate, to a group, or to a political party.
(g) Where contributions are made to a joint campaign for governor and lieutenant governor,
(1) an individual may contribute not more than $1,000 per year; and
(2) a group may contribute not more than $2,000 per year.