New Jersey Regulations § 19:25-25.7 Penalty for a violation by a business entity
Regulation Text
(a)
A business entity which is determined by the Commission to have willfully and intentionally made a contribution that is in violation of
19:25-25.2
, or failed to report a contribution, as required by
19:25-25.5
, may be liable to a penalty of up to the value of its public contract.
(b)
For the purposes of (a) above, a business entity shall have willfully and intentionally made a contribution that is in violation of
19:25-25.2
if the business entity did not request, in writing, within 60 days of the date on which the contribution was made, that the recipient State, county, or municipal committee of a political party, legislative leadership committee, candidate committee, or joint candidates committee repay the contribution and, if repayment was not received within those 60 days.
(c)
For the purposes of (a) above, a business entity shall have willfully and intentionally failed to comply with the continuing duty to report a contribution that is in violation of
19:25-25.5
if the business entity fails to file the report required by
19:25-25.5
within 60 days of making the contribution.
(d)
The Commission shall forward to the State Treasurer any final decision finding a violation of
19:25-25.2
or 25.5 by a business entity that has a public contract.
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