NJBIA To Host Pay-to-Play Seminar

The New Jersey Business & Industry Association (NJBIA) is sponsoring a seminar on September 18 to help businesses comply with the new contribution disclosure requirements.  All businesses and nonprofits which receive $50,000 or more annually through contracts with State, county or local governmental entities in New Jersey are subject to the new requirements.

Chapter 271 Disclosure: Tip #2

50 days left until disclosure.

Here’s a tip: Only “reportable” contributions need to be disclosed on the Chapter 271 disclosure form. A “reportable” contribution is one in excess of $300 in the aggregate per election to candidate committees (including joint candidate committees) and political committees; and $300 in the aggregate per calendar year to political party committees, legislative leadership committees, and continuing political committees.

Pay-to-Play Disclosure Rules: Is Your Organization Ready?

Yesterday, the New Jersey Hospital Association (“NJHA”) held a well attended seminar on this topic. While geared toward the healthcare industry and how pay-to-play laws affect nonprofit entities, many of the concerns raised apply to nonprofit and for profit entities alike. Continue reading

ELEC Issues Advisory Opinion on CPCs and Ch. 271 Disclosure

Members of a multi-member business or trade association PAC or CPC have been relieved of the requirement to report on their Chapter 271 Business Entity Annual Disclosure Statement the political contributions made by the trade association CPC, unless the business entity “directly or indirectly controls” the CPC.  Read more on NJ Election Law Enforcement Commission Advisory Opinion 2-2007. Continue reading

Chapter 271: Countdown to Business Entity Disclosure

59 days to go.

Pursuant to Chapter 271, a business entity that has received $50,000 or more in government contracts in a calendar year must file an annual disclosure statement electronically with ELEC. The disclosure form requires reporting contract information and reportable contributions the business entity has made. The due date for the first annual disclosure report for calendar year 2006 is September 28, 2007.

We’re starting a countdown and will be posting various tips to help you along the way. Read more for your first tip. Continue reading

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