Reduces the threshold for filing an annual disclosure statement with ELEC from $50,000 to $17,500 in public contracts.

This bill reduces the threshold for filing an annual disclosure statement with the New Jersey Election Law Enforcement Commission (ELEC) from $50,000 to $17,500 in public contracts. Currently, business entities receiving $50,000 or more in public contracts must file an annual disclosure statement with ELEC if they have made political contributions. The bill lowers this threshold to $17,500 and mandates ELEC to publish a link to the Division of Purchase and Property's website on its own site, along with a notice about accessing procurement information.

Reduces the threshold for filing an annual disclosure statement with ELEC from $50,000 to $17,500 in public contracts.

This bill reduces the threshold for filing an annual disclosure statement with the New Jersey Election Law Enforcement Commission (ELEC) from $50,000 to $17,500 in public contracts. Currently, business entities receiving $50,000 or more in public contracts must file an annual disclosure statement with ELEC if they have made political contributions. The bill lowers this threshold to $17,500 and mandates ELEC to publish a link to the Division of Purchase and Property's website on its own site, along with a notice about accessing procurement information.