New Jersey Regulations § 19:25-6.6 Limitations on permissible expenses
Regulation Text
(a)
A candidate committee, or a joint candidates committee, may pay a salary or fee to a family member of a candidate who has established or who controls the committee provided that the salary or fee paid for bona fide services received by the committee does not exceed fair market value.
(b)
A legislative leadership committee may pay a salary or fee to a family member of a legislator who has established or who controls the committee provided that the salary or fee paid for bona fide services received by the committee does not exceed fair market value.
(c)
A candidate committee, or a joint candidates committee, may pay for the use of an office or other property owned or leased by a candidate who has established or who controls the committee provided that the office or property is used by the committee and the payment does not exceed the fair market value for the bona fide use by the committee.
(d)
A legislative leadership committee may pay for the use of an office or other property owned by a legislator who has established or who controls the committee provided that the office or property is used by the committee and the payment does not exceed the fair market value for the bona fide use by the committee.
(e)
A candidate committee, or a joint candidates committee, may purchase goods or services for use by the committee from a business or other enterprise in which the candidate who established or who controls the committee has a financial interest provided that the goods or services are bona fide and are sold to the committee at fair market value, or if sold at less than fair market value, provided that the committee reports receipt of an in-kind contribution in an amount that is the difference between the purchase price paid by the committee and the fair market value of the goods or services.
(f)
A legislative leadership committee may purchase goods or services for use by the committee from a business or other enterprise in which the candidate who established or who controls the committee has a financial interest provided that the goods or services are bona fide and are sold to the committee at fair market value, or if sold at less than fair market value, provided that the committee reports receipt of an in-kind contribution in an amount that is the difference between the purchase price paid by the committee and the fair market value of the goods or services.
History
New Rule, R.1994 d.528, effective
10/17/1994
.
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