N.J. Admin. Code § 19:25-15.59

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

Section 19:25-15.59 - Inaugural event contribution limit; reporting

(a) No person, candidate, candidate committee, joint candidates committee, political committee, or continuing political committee otherwise eligible to make political contributions, shall make any contribution or contributions for the purpose of any gubernatorial inaugural fundraising event or events in the aggregate in excess of $ 500.00. A contributor to a gubernatorial inaugural fundraising event may make a contribution not to exceed $ 500.00 in the aggregate notwithstanding any contribution by such contributor to candidates for election to the offices of Governor and of Lieutenant Governor.

(b) No person or committee sponsoring a gubernatorial inaugural fund raising event shall accept for deposit in any bank account maintained for the purposes of such event any contribution or contributions from a contributor in the aggregate in excess of $ 500.00. Any contribution or contributions received from a single contributor in the aggregate in excess of $ 500.00 shall be returned to the contributor pursuant to the requirements of N.J.A.C. 19:25-11.8.

(c) Any person or committee sponsoring a gubernatorial inaugural fund raising event shall appoint a treasurer and designate a bank account no later than the 10th day after receiving any contribution or expending any money for the gubernatorial inaugural fund raising event, and shall file with the commission the name and mailing address of the appointed treasurer and the bank name, mailing address and number of the designated bank account no later than the 10th day after receiving any contribution or expending any money for the gubernatorial inaugural fund raising event.

(d) Any person or committee sponsoring a gubernatorial inaugural fund raising event shall make a full report to the Commission of all contributions and expenditures with respect to the event within 45 days following the event in accordance with the provisions of the act, and the designated treasurer shall certify the correctness of such report and shall file and shall certify the correctness of quarterly reports thereafter pursuant to N.J.A.C. 19:25-8.3(b), beginning on July 15 following the due date for the 45-day report, until all obligations are liquidated and the account closed.

N.J. Admin. Code § 19:25-15.59

As amended, R.1984 d.561, effective 12/17/1984.
See: 16 N.J.R. 2765(a), 16 N.J.R. 3485(b).
(c) and (d) substantially amended.
Amended by R.1989 d.341, effective 6/5/1989.
See: 21 N.J.R. 1109(a), 21 N.J.R. 1837(a).
Recodified from N.J.A.C. 19:25-15.47 and inaugural event contribution limit increased from $ 250.00 to $ 500.00.
Amended by R.1996 d.583, effective 12/16/1996.
See: 28 N.J.R. 4395(b), 28 N.J.R. 5199(a).
Added references to candidate committee, and joint candidates committee; and made provision for returning contributions in excess of $ 500.00.
Amended by R.2010 d.062, effective 4/19/2010.
See: 41 N.J.R. 4682(a), 42 N.J.R. 811(a).
In (c), substituted "Commission," for "commission" and the second occurrence of "10th" for "tenth"; and in (d), substituted "Act" for "act".
Amended by R.2012 d.172, effective 10/15/2012.
See: 44 N.J.R. 1593(a), 44 N.J.R. 2380(a).
In (a), substituted "fundraising" for "fund raising" twice, "candidates" for "a candidate" and "offices of Governor and Lieutenant Governor" for "office of Governor".