CONTRIBUTOR INFORMATION: Proceeds will benefit Vinny Panico for Assembly. 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.
