New Jersey Administrative Code › Title 19 - OTHER AGENCIES › ELECTION LAW ENFORCEMENT COMMISSION › Chapter 25 - REGULATIONS OF THE ELECTION LAW ENFORCEMENT COMMISSION › Subchapter 15 - PUBLIC FINANCING; GENERAL ELECTIONS FOR THE OFFICES OF GOVERNOR AND OF LIEUTENANT GOVERNOR › Section 19:25-15.12 - Who may or may not contribute

Current through Register Vol. 56, No. 14, July 15, 2024
(a) No person,
				  candidate committee, joint candidates committee, political committee,
				  continuing political committee, or legislative leadership committee, other than
				  a candidate contributing the candidate's own funds to the candidate's own
				  campaign, shall make any contribution to any candidate, the candidate's
				  campaign treasurer or deputy campaign treasurer, or to any other person or
				  committee, in aid of the candidacy of or on behalf of a candidate, whether or
				  not participating in public funding, for election to the offices of Governor
				  and of Lieutenant Governor in a general election, in the aggregate in excess of
				  $ 4,900. Any such contribution in excess of $ 4,900 must be returned to the
				  contributor pursuant to the requirements at
				  N.J.A.C.
				  19:25-11.8, and evidence of repayment shall
				  be submitted to the Commission.
(b)
				  A joint candidates committee established by candidates who have not established
				  any candidate committees in an election may make a contribution to candidates
				  for election to the offices of Governor and of Lieutenant Governor in an amount
				  not to exceed the sum of the number of candidates participating in the joint
				  candidates committee multiplied by $ 4,900. If a candidate has established both
				  a candidate committee and a joint candidates committee in an election, the
				  total amount that may be contributed by that candidate's joint candidates
				  committee and candidate committee to candidates for election to the offices of
				  Governor and of Lieutenant Governor may not exceed $ 4,900 per candidate
				  participating in the joint candidates committee.
(c) Subject to the limitations contained in
				  this subchapter and the Act, any person may contribute to more than one
				  candidate.
(d) A corporation,
				  association, or labor organization or any subsidiary, affiliate, branch,
				  division, department, or local unit of any such corporation, association, or
				  labor organization shall not make any contribution to, or on behalf of, a
				  candidate, which, when added to any other contribution by any related or
				  affiliated corporation, association, or labor organization, exceeds $ 4,900 in
				  the aggregate. Whether such corporation, association, or labor organization is
				  related or affiliated shall depend on the circumstances existing at the time of
				  such contribution, including, but not by way of limitation, the degree of
				  control or common ownership with related or affiliated corporations,
				  associations, or labor organizations, the source and control of funds used for
				  such contributions and the degree to which the decisions whether to contribute,
				  to what candidate and in what amount are independent decisions.
(e) In considering the criteria set forth in
				  (d) above, two or more corporations shall be conclusively deemed to be
				  affiliated if:
1. Any individual, corporation,
				  partnership, company, association, or other entity owns, directly or
				  indirectly, more than a 30 percent interest in each of such corporations;
				  or
2. One such corporation owns,
				  directly or indirectly, more than a 30 percent interest in the other such
				  corporation.