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Bill > S548


NJ S548

NJ S548
Expands deadline for filing financial disclosure statements by candidates for Governor and member of Legislature.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

Under current law, every candidate for the office of Governor and every candidate for the office of member of the Senate or General Assembly is required to file a financial disclosure statement on or before the 10th day following the last day for filing a petition to appear on the ballot in the primary election. Under current law, that day is early in April. The bill changes the day for filing the financial statement by the Governor to on or before the 30th day following the last day for filing a petition to appear on the ballot in the primary election. For candidates for the office of member of the Senate or General Assembly, the deadline is changed to the day that members of the Senate and General Assembly are required to file a financial disclosure statement with the Joint Legislative Committee on Ethical Standards, pursuant to the legislative code of ethics. At present, that day is May 15th of each year. The bill is based on a recommendation made by the Election Law Enforcement Commission, which receives the candidate financial disclosure statements. In an Annual Report, the commission noted that changing the date will provide "candidates with more time in which to carefully complete these forms, along with a less confusing due date, [which] will enhance compliance and disclosure with the law."

AI Summary

This bill expands the deadline for candidates running for Governor and for members of the State Senate and General Assembly to file their financial disclosure statements, which are required reports detailing a candidate's financial interests. Currently, these statements are due by the 10th day after the deadline to file for the primary election ballot, which falls in early April. Under this bill, candidates for Governor will have until the 30th day after that petition filing deadline to submit their statements. For candidates seeking a seat in the Senate or General Assembly, the new deadline will be the same day that current legislators are required to file their financial disclosure statements with the Joint Legislative Committee on Ethical Standards, which is currently May 15th. This change, recommended by the Election Law Enforcement Commission (ELEC), aims to give candidates more time to accurately complete these forms and improve compliance with disclosure laws.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 01/09/2024)

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