N.J. Admin. Code § 19:25-25.7

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

Section 19:25-25.7 - Penalty for a violation by a business entity

(a) A business entity which is determined by the Commission to have willfully and intentionally made a contribution that is in violation of N.J.A.C. 19:25-25.2, or failed to report a contribution, as required at N.J.A.C. 19:25-25.5, may be liable to a penalty of up to the value of its public contract.

1. For the purposes of this subsection, a business entity shall have willfully and intentionally made a contribution that is in violation of N.J.A.C. 19:25-25.2 if the business entity did not request, in writing, within 60 days of the date on which the contribution was made, that the recipient candidate committee or joint candidates committee repay the contribution and, if repayment was not received within those 60 days.

2. For the purposes of this subsection, a business entity shall have willfully and intentionally failed to comply with the continuing duty to report a contribution that is in violation of N.J.A.C. 19:25-25.5 if the business entity fails to file the report required at N.J.A.C. 19:25-25.5 within 60 days of making the contribution.

(b) Notwithstanding the provisions of any law, rule, or regulation to the contrary, a business entity that fails to disclose a contribution as required at N.J.A.C. 19:25-25.5 shall be subject to a fine of not less than $ 250.00.

(c) The Commission shall forward to the State Treasurer any final decision finding a violation of 19:25-25.2 or 25.5 by a business entity that has a public contract.

N.J. Admin. Code § 19:25-25.7

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