N.J. Admin. Code § 19:25-4.6

Current through Register Vol. 56, No. 18, September 16, 2024

Section 19:25-4.6 - Designation by a political party committee

(a) A political party committee, that is the state committee of a political party organized pursuant to 19:5-4, the county committee of a political party organized pursuant to 19:5-3, and the municipal committee of a political party organized pursuant to 19:5-2, shall designate on or before July 1 in each year an organizational treasurer and an organizational depository, which designation shall be effective through June 30 of the following year.

(b) No later than 10 days after designating an organizational treasurer and organizational depository, a political party committee shall file a designation of organizational depository (Form D-3) containing the following information for each organizational depository the political party committee has established:

1. The full name of the political party committee, which shall include the name of the political party to which the committee is affiliated;

2. The name, mailing address and telephone number of the person appointed as chairperson;

3. The name, mailing and resident address and telephone number of the person appointed as organizational treasurer; and

4. The name, mailing address and telephone number of the bank at which the organizational depository has been established, the account name and number, and the names, mailing addresses and telephone numbers of all persons authorized to sign checks or otherwise make transactions.

(c) The designation of organizational depository shall be certified as true and correct by the chairperson and treasurer.

(d) The political party committee shall file an amendment to its designation of organizational depository no later than three days after any of the information required in (b) above changes.

(e) Each State political party committee and county political party committee may create a housekeeping account by opening a new depository account, which shall be kept separate from any other depository account, which must be designated as the committee's housekeeping account, and which must be included on the designation of organizational depository (Form D-3) described at (b), (c), and (d) above. A State political party committee or county political party committee that first designates a housekeeping account at a time other than the annual designation shall file the designation of organizational depository (Form D-3) no later than 10 days after designating a housekeeping account.

1. Each State political party committee and county political party committee that opens and designates a housekeeping account may raise funds for deposit into the housekeeping account in amounts not to exceed $ 37,500 per contributor per calendar year. Funds deposited into a different organizational depository shall not be transferred to the designated housekeeping account.

2. Housekeeping account funds are limited to the following purposes:

i. To pay non-political expenses of the committee that designated the housekeeping account. Political expenses, including contributions, in-kind contributions, contributions made on behalf of or to a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee and independent expenditures made to promote the election or defeat of a candidate or the passage or defeat of a public question are not permitted to be made with funds from the designated housekeeping account; and

ii. To pay for non-political gubernatorial campaign expenses incurred by a gubernatorial campaign after the date of the election in which the gubernatorial candidate participated, which expenses are both reasonable and necessary to allow for the closing of the campaign as described at N.J.A.C. 19:25-15.47 and 16.34.

3. All transactions of the State political party committee or county political party committee housekeeping account must be identified as transactions of the housekeeping account on quarterly reports as required at N.J.A.C. 19:25-9.1 and are subject to the provisions at N.J.A.C. 19:25-10, 11, and 12.

4. Housekeeping funds utilized by a gubernatorial campaign pursuant to this section may be expended in the following manner:

i. Funds may be contributed in an amount specified, but not in an amount to exceed the non-political expense incurred for which the housekeeping funds are to be utilized, by the gubernatorial campaign. The gubernatorial campaign shall report the receipt of the housekeeping funds as a contribution specifically from the housekeeping account of the political party committee providing the funds, which shall not be considered inconsistent with N.J.A.C. 19:25-15.12, 15.28B, or 16.10. Funds received from the housekeeping account of the political party committee shall not be deposited in the matching fund account of a publicly financed candidate and shall not be eligible for match. Upon the receipt and deposit of housekeeping funds by the gubernatorial campaign, the specified reasonable and necessary non-political expense incurred after the date of the election shall be paid by the gubernatorial campaign and reported on the applicable report (Form G-1); or

ii. Funds may be paid directly to the vendor of goods or services, from the designated housekeeping account, by the State political party committee or county political party committee on behalf of the gubernatorial campaign. Upon payment by the political party committee to the vendor, the gubernatorial campaign shall report the transaction like that of an in-kind contribution on the applicable report (Form G-1) and such contribution shall not be considered inconsistent with N.J.A.C. 19:25-15.12, 15.28B, or 16.10.

N.J. Admin. Code § 19:25-4.6

Amended by R.1995 d.509, effective 9/18/1995.
See: 27 N.J.R. 2564(a), 27 N.J.R. 3621(d).
Amended by R.2000 d.322, effective 8/7/2000.
See: 32 N.J.R. 1291(a), 32 N.J.R. 2930(a).
Rewrote (a); and in (b), inserted a reference to Form D-3, and added " for each organizational depository the political party committee has established" at the end of the introductory paragraph.

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