N.J. Admin. Code § 19:25-16.18

Current through Register Vol. 56, No. 21, November 4, 2024

Section 19:25-16.18 - Matching of funds

(a) A candidate for the office of Governor seeking to qualify for receipt of public matching funds shall, no later than the last day for filing a petition to nominate candidates for the primary election for Governor, file with the Commission:

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

2. Form P-1 establishing the candidate 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 for, 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 $ 200.00, 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. 19:25-16.11 and 16.13, 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.

iii. Form P-1 shall report all expenditures made or incurred pursuant to N.J.A.C. 19:25-16.16. 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. 19:25-16.20 and 16.25; and

3. Form P-2 or Form P-2A reporting each candidates' involvement or participation in an issue advocacy organization pursuant to N.J.A.C. 19:25-16.18A.

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

N.J. Admin. Code § 19:25-16.18

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

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

Amended by 56N.J.R. 1109(b), effective 6/17/2024