N.J. Admin. Code § 19:25-12.4A

Current through Register Vol. 56, No. 24, December 18, 2024

Section 19:25-12.4A - Expenditures made by debit card

(a) A debit card that is owned by and issued in the name of a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee or legislative leadership committee, may be used to make an expenditure provided that the debit card draws against funds in a campaign or organizational depository. A debit card expenditure transaction shall be reported by providing the following information:

1. The name and address of the vendor from whom the purchase was made;

2. The date of the purchase;

3. A description pursuant to N.J.A.C. 19:25-12.2(b) of the purpose of the purchase, including a specific itemization of the goods or services acquired;

4. The amount of the purchase; and

5. The use of the term "debit card" on reports filed with the Commission in place of a check number for the transaction.

N.J. Admin. Code § 19:25-12.4A

New Rule, R.2003 d.41, effective 1/21/2003.
See: 34 New Jersey Register 3595(a), 35 New Jersey Register 447(a).