Prohibits businesses receiving state development subsidies from making certain campaign contributions.

New Jersey S2730 prohibits businesses receiving state development subsidies of $25,000 or more from making campaign contributions to candidates for public office. This includes the business itself, any affiliates, officers, directors, or employees. The prohibition does not apply to contributions made by an individual candidate to their own campaign. Violations are subject to penalties, including fines up to $200,000 for individuals and $500,000 for non-natural persons. The Election Law Enforcement Commission will enforce the law through regulations.

Prohibits businesses receiving state development subsidies from making certain campaign contributions.

New Jersey S2730 prohibits businesses receiving state development subsidies of $25,000 or more from making campaign contributions to candidates for public office. This includes the business itself, any affiliates, officers, directors, or employees. The prohibition does not apply to contributions made by an individual candidate to their own campaign. Violations are subject to penalties, including fines up to $200,000 for individuals and $500,000 for non-natural persons. The Election Law Enforcement Commission will enforce the law through regulations.