New Jersey A1364 prohibits businesses receiving state development subsidies from making campaign contributions.
New Jersey A1364 prohibits businesses receiving state development subsidies from making campaign contributions to candidates for public office. This includes the business itself, any holding or affiliate companies, officers, directors, key or principal employees, or anyone acting on their behalf. The bill defines "development subsidy" as funds provided by a state agency to stimulate economic development, excluding certain contracts and tax expenditures.
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