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New Jersey Regulations § 19:25-12.10 Allocation

⤴ Up to Subchapter 12: Reporting of Expenditures; Independent Expenditures

Regulation Text

(a) Where an expenditure is made on behalf of two or more candidates, the expenditure must be allocated between or among such candidates in a reasonable manner so as to fairly reflect the relative value to each of the candidates of such expenditure. The initial allocation should be made by the committee or candidates on a reasonable basis, and in advance of the expenditure where possible. All documents and financial records relating to the allocation and the expenditure should be retained:
Example: A municipal political party committee is expending $ 100.00 for the purchase of a quantity of bumper stickers containing the slogan "Vote for Candidates A and B." The committee determines that the stickers are of equal value to each of the candidates. Thus, $ 50.00 of the expenditure should be allocated to Candidate A and $ 50.00 should be allocated to Candidate B. Financial records and a record of the facts on which the allocation is based must be retained.

History

As amended, R.1984 d.324, effective 8/6/1984 . See: 16 New Jersey Register 1044(a), 16 New Jersey Register 2154(a). "should be retained ... reports A" deleted. Recodified from 19:25-13.1 by R.1996 d.393, effective 8/19/1996 . See: 28 New Jersey Register 2521(a), 28 New Jersey Register 3970(a). Amended by R.2000 d.322, effective 8/7/2000 . See: 32 New Jersey Register 1291(a), 32 New Jersey Register 2930(a). In (a), inserted "or among" following "between" in the first sentence, and rewrote the example.

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