Bill > A3719

Introduced Session

This bill reduces the threshold for filing an annual disclosure statement with the New Jersey Election Law Enforcement Commission (ELEC) from $50,000 in public contracts to $17,500. Currently, any business entity that has received public contracts in an amount equaling or exceeding $50,000 in the aggregate over the course of a calendar year is required to file an annual disclosure statement with ELEC if the entity has made certain political contributions. The bill would reduce that amount to $17,500. Under current law, a business entity that has received in any calendar year $50,000 or more in the aggregate in public contracts must file an annual disclosure statement with ELEC if the entity has made a political contribution to a candidate for public office, or a sitting public official, responsible for awarding public contracts, or to a political party committee, legislative leadership committee, political committee, or continuing political committee. The report must include all contributions made by the business entity during the preceding 12 months. State agencies may not enter into a contract in an amount over $17,500 with a business entity that has solicited or made any contributions to a candidate for or holder of the public office of Governor or of Lieutenant Governor, or to any State or county political party committee in the preceding 18 months. This bill will more closely align the reporting requirements to that threshold by requiring annual disclosure statements for contracts that exceed $17,500 in the aggregate over the course of a year. The bill also requires ELEC to publish on its Internet site a link to the official Internet site of the Division of Purchase and Property in the Department of the Treasury, along with a notice that procurement information specific to the award of public contracts by State agencies may be accessed thereon. The Department of the Treasury is to publish notice of the new threshold amount on its website and on the webpage for the Division of Purchase and Property.

AI Summary

Committee Categories

Carol Murphy (D)*, 

Introduced, Referred to Assembly State and Local Government Committee (on 02/22/2024)

Official Document