New Bill Would Shed Light On NJ Biz Political Donations

Law360, New York (January 17, 2013, 8:20 PM EST) -- Businesses that receive economic development funding from New Jersey would face new requirements to disclose campaign contributions under a proposed measure that cleared a state Assembly panel on Thursday.

The bill, A3343, would boost the transparency of corporate political activity, especially when it comes to businesses that receive taxpayer-funded assistance, sponsors said.

The legislation would require corporations that seek or receive a state economic development subsidy of $25,000 or more to list every contribution of $10,000 or more that they spent to support or oppose candidates...
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