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New Jersey Regulations § 19:25-16.34 Repayment of public or other funds

Up to Subchapter 16: Public Financing of Primary Election for Governor

Regulation Text

(a) All moneys received by a qualified candidate from the public fund for primary election campaign expenses remaining after the liquidation of all lawful obligations with respect to that election shall be repaid to the Commission (for return to the Treasurer of the State of New Jersey) not later than six months after the date of such primary election. All moneys, other than moneys received from the public fund, remaining available to any qualified candidate after the liquidation of all obligations, shall also be repaid to the Commission (for return to the Treasurer of the State of New Jersey) not later than six months after the date of such primary election provided however, that nothing herein contained shall require any candidate to pay into the public fund a total amount of moneys in excess of the total amount of moneys received by such qualified candidate from the public fund.
(b) No candidate who has received public funds shall incur any debt or make any expenditure after the date of the election for any purpose other than the following:
1. To satisfy outstanding obligations incurred on or before the date of the election made for appropriate campaign purposes; or
2. To pay the reasonable and necessary costs of closing the campaign.
(c) An election night celebration or event conducted by a candidate who has received public funds will be deemed a reasonable and necessary cost of closing the campaign provided that it is conducted on the date of the primary election.

History

Amended by R.1984 d.561, effective 12/17/1984 . See: 16 New Jersey Register 2765(a), 16 New Jersey Register 3485(b). Amended by R.1988 d.447, effective 9/19/1988 . See: 20 New Jersey Register 1339(a), 20 New Jersey Register 2395(a). (b) and (c) added. Amended by R.1988 d.447, effective 9/19/1988 . See: 20 New Jersey Register 1339(c), 20 New Jersey Register 2395(a). Added (b) and (c). Emergency amendment, R.1989 d.181, effective 3/6/1989 (expires May 5, 1989). See: 21 New Jersey Register 788(b). Adopted concurrent proposal, R.1989 d.263, effective 4/24/1989 . See: 21 New Jersey Register 788(b), 21 New Jersey Register 1380(a). Provisions of emergency amendment R.1989 d.181 readopted without change. Recodified from N.J.A.C. 19:25-16.33.

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