This market resolves YES if Alaska Ballot Measure 2 (ballot designation 24ESEG, an initiative to repeal the top-four open primary and ranked-choice general election system and certain campaign disclosure rules enacted by the 2020 Ballot Measure 2) is approved by voters at the November 3, 2026 general election under its official approval rule:

> Simple majority of votes cast on the measure.

Only the November 3, 2026 vote counts; the 2024 vote on a similar repeal initiative does not. YES means voter approval at this election, not that the measure is later implemented.

What the measure mean (official summary):

An Act Restoring Political Party Primaries, Ending Ranked-Choice General Elections, and Repealing Recent Campaign Finance Laws

This act would get rid of open primary elections, where all candidates appear on one ballot. It would also get rid of ranked-choice general elections. It would bring back political party primaries and single-choice general elections. It would also repeal certain campaign finance rules that were added by a 2020 ballot measure.

Elections would occur as they did before open primaries and ranked choice voting. In the primary election, voters would choose a party's ballot, unless prohibited by the party's bylaws. They would only vote for candidates on that ballot. The winning candidate from each primary would be the party's nominee. In the general election, voters would vote for only one candidate in each race. The candidate with the most votes would win. Party petitions, special runoff elections, and other processes would return. Candidates for governor and lieutenant governor would run separately in political party primaries and then together in the general election.

This act would also repeal campaign finance rules that were passed in 2020. It would remove the limits on donations to joint campaigns for governor and lieutenant governor. It would remove limits and disclosure rules under current law, including for digital ads, out-of-state donations, undisclosed donations, and the true source of donations. It would change the meaning of a campaign expenditure and remove some fines.

Results: resolves on the result certified by the Alaska Division of Elections. It may resolve earlier once official returns or the Associated Press show the outcome cannot change and no recount is pending; if a recount or certified correction changes the outcome before resolution, the certified result controls.

No vote: if the measure is removed from the ballot, a court orders its votes not to be counted, or the vote is postponed beyond November 3, 2026, the market resolves N/A.

Later legal challenges: resolution follows voter approval as certified. A court later invalidating, enjoining or delaying the measure does not change the resolution.

Wording disputes: how the ballot summary characterizes the measure (for example, whether it "ends open primaries") does not affect resolution. Only the certified vote counts.

Official source: https://www.elections.alaska.gov/petitions-and-ballot-measures/petition-status/?initiative_id=24ESEG