Resolutions - Jersey City

C. 211 piimCAl ctNlBU1M DISLOSURE fORMContractor InstructionsBusiness entities (contractors) receiving contracts from n public agency that are NOT awarded pursuant toa "fair and open" process (defined at~.J .S.A. 19:44A-20.7) are subject to the provisions ofP.L. 2005, c.271, s.2 il .J.S.A. i 9:44A .20.26). This law provides 1lat 10 days prior to the awor of such a contrac, thecontractor shan disclose contributions to:. any State, county, or municipal committee of a political par. any legislative leadership committee". any continuing political committee (a.k,a., political action committee). any candidate committee of a candidate for, or holder of, an elective offce:o of the public entity awarding the contracto oftÌat county in which that public entity is locatedo of another public entity within that county ,o or ôf a legislative distrct in which that public entity is located or, when thepublic entity is a county, of any iegislative distictofuie countywhich includes all or partThe disclosure miist list reportble contrbutions to any of the committees that exceed $300 per electioncycle tht wore made during the. 12 months priotto award ofthe contrct. Se N.l.S.A. 19:44A.g an19:44A.16 for more details on reportable contrib\itions.N.J.S.A. 52:34-25(b) itemizes the parties from whom contributions must be disclosed when a businessentity is not a natural person. This includes the following:the stock in the case of a business entity that is a corporation. individuals with an "interest:" ownership or control of more than i 0%0£ the profits or assets. of a business entity or 10% offor profit. all principals, parters, offcers, or dirctors of the business entity or their spouses. any subsidiaries directly or indirectly controlled by the business entity. IRS Code Section 527 New Jersey based organiztions, directly or indirectly controlled bythe business entity and filing as continuing political committees, (PACs).When the business entity is a natural person, "a contribution by uiat person's spouse or child, residingtherewith, shall be deemed to be a contrbution by the business entity." ll.J.S.A. 19:44A-20.26(b)) Thecontrbutor must be list on the disclosure.AAy busines entity lbat fuils to comply with the disclosur pmvisions sh.ilhe subjec to a fine impoed. by ELEC in an ømnun to be determined by the Commissioo which may be hosed upon the ømount thtthe business entity failed to report.The enclosed list of agencies is provided to assist the contrctor in identifYing those public agencies whoseelected offcial and/or candidate capaign committees are affected by the discIosure reuirement. It is thecontractor's responsibilty to identif the specific committees to ,,¡hich contributons ¡nay have been madeami n~d to be disclosed. The.disclosed information may exceed the minimum requirement.Th enclose fnnn, a conlei-cnsistent facmlle, nr an electronic dat file containing1le reuite detls(along with . signed cover sheet) may he used as the contrctor's submission and is disclosahle to thepublic under the Open Public Records Act.The contrctor must also complete the attched Stockholder Dis.closure Certifcation. This wHI assist theagency in meeting its obligations under the law. .thethe Senate, the Speaker of. t!J.s.A. 19:44A-3(.): "The ter "legislave leaderhip oott" mean a cotneo ..iablished, aiorize tobe esblished, or designated by th President of the Senate, the Minority Leader ofGenerl Assembly or the Minority Leder reivig of the contrbutions General Assembly and puruat making to section, expenditues." i 6 ofP .L. i 993, . c:65 .the purse of(C.19:44A-iO.i) for