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Proceeds will benefit O’Scanlon for Senate. New Jersey law prohibits entities operating in certain regulated industries (casinos, financial institutions, insurance companies, utilities) from contributing. Election Law allows contributions with a limit of $2,600 per candidate, per election cycle from individuals and corporations and $8,200 per candidate, per election cycle from PAC’s.

A partnership or limited liability company may not contribute as an entity. However a check from a partnership or limited liability company may be accepted so long as it is accompanied by a letter allocating the contribution to the individual partner(s) or member(s) and is signed by each contributing partner or member. The letter must include each contributing partners’ home address. A partner’s total contribution, through the partnership and personally, cannot exceed the $2,600 per election limit. Contributions are not deductible for income tax purposes.



 

 



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