CONTRIBUTOR INFORMATION: Proceeds will benefit Pappas Panico and Lukac for LD 16. 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. Contributions are not deductible for income tax purposes. Cash contributions are not accepted.INFORMATION FOR PARTNERSHIPS OR LLCs: 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.
