The bill amends New Jersey's election laws to enhance transparency and streamline reporting requirements for campaign contributions and expenditures. Key changes include the removal of the requirement for candidates and political committees to report the residential and employer addresses of contributors, instead only requiring their names and employers. Additionally, the bill eliminates the need for recall committees to provide a designated agent's residential address, replacing it with a requirement for an address where the agent can be served process. The legislation also mandates that political committees file detailed cumulative quarterly reports to the Election Law Enforcement Commission (ELEC), including information about contributions and expenditures exceeding $200, while establishing stricter reporting timelines for contributions and expenditures made close to election dates.

Furthermore, the bill introduces new provisions for professional campaign fundraisers, requiring them to register with ELEC and file quarterly reports detailing their activities and compensation. It also empowers ELEC to set specific document submission and record retention requirements for gubernatorial candidates seeking public funding, ensuring better oversight of campaign financing. The amendments aim to simplify compliance for candidates and committees while maintaining accountability and transparency in the electoral process. The bill will take effect 30 days after its enactment.

Statutes affected:
Introduced: 19:27A-17, 19:44A-6, 19:44A-8, 19:44A-8.1, 19:44A-9, 19:44A-10, 19:44A-10.1, 19:44A-11, 19:44A-11.8, 19:44A-12, 19:44A-16, 19:44A-19, 19:44A-19.2, 19:44A-22.3, 19:44A-33, 34:11-4.4, 52:13C-21