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.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.