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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.