AK SB109

Prohibits legislators from voting on questions affecting an enterprise in which the legislator or immediate family member has a substantial financial interest, unless the effect is greater on a substantial class of persons in their profession, occupation, industry, or region.

Prohibits legislators from taking or withholding official action or exerting official influence that could substantially benefit or harm another person's financial interest in matters involving current employment, negotiated employment, or persons from whom they received more than $10,000 in income within the preceding 12 months, except during public discussions or debates.

Adds definition of "financial interest" to the Legislative Ethics Act as ownership or involvement in a business, property, or professional relationship that is a source of income or provides financial benefit.

Expands voting conflict-of-interest rules to include immediate family members' financial interests, not just the legislator's own interests.

Makes the Act conditionally effective only if Rule 34(b) of the Uniform Rules of the Alaska State Legislature is amended to allow members to request abstention from voting with majority approval when a vote would violate the Legislative Ethics Act.