N.J. Admin. Code § 19:25-15.17

Current through Register Vol. 56, No. 11, June 3, 2024

Section 19:25-15.17 - Matching of funds

(a) Candidates for the offices of Governor and Lieutenant Governor seeking to qualify for receipt of public matching funds shall, no later than September 1 preceding a general election in which the offices of Governor and Lieutenant Governor are to be filled, file with the Commission:

1. Form G-1A separately (Candidate Certification for Public Financing and Debate Participation);

2. Form P-1 establishing the candidates deposited contributions eligible for match of at least $ 490,000 and that at least $ 490,000 of the contributions have been expended or are committed to be expended.

i. Form P-1 shall report all contributions, regardless of whether they are eligible, or being submitted, for match showing each contributor's full name and full mailing address (number, street, city, state, zip code); the date of receipt of each contribution; the dollar amount of each contribution; and for each contributor who is an individual, and whose aggregate contributions to the candidates exceed $ 300.00, or were made in currency in any amount, the occupation of the individual and the name and mailing address of the individual's employer;

ii. Form P-1 shall include scanned images of all documentation that is required as set forth at N.J.A.C. 19:25-15.14 and 15.15, as well as deposit slips, receipted deposit slips, bank ledgers, and/or statements or any other documentation to evidence that the contributions for match were deposited into the matching fund account. Additionally, scanned images of all adjustments to contributions shall be included; and

iii. Form P-1 shall report all expenditures made or incurred pursuant to N.J.A.C. 19:25-15.27. The expenditures shall include scanned images of all documentation that is required to substantiate the initial expenditure threshold. Thereafter, scanned images of expenditure documentation shall be required only as set forth at N.J.A.C. 19:25-15.20 and 15.24; and

3. Form P-2 or Form P-2A reporting each candidate's involvement or participation in an issue advocacy organization pursuant to N.J.A.C. 19:25-15.17A.

(b) Each submission for public funds following qualification shall contain no less than $ 12,500 of contributions eligible for match.

N.J. Admin. Code § 19:25-15.17

Amended by 50 N.J.R. 911(a), effective 2/20/2018

Adopted by 52 N.J.R. 2190(a), effective 12/21/2020