The Definition of a PAC

or “Continuing Political Committee”

As defined by NJ Statute, A “Continuing Political Committee” (CPC) includes any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, including a political club, political action committee (PAC), civic association or other organization which in any calendar year contributes or expects to contribute at least $4,300.00 to aid or promote the candidacies of any individual, or the candidacies of individuals, for elected public office, or the passage or defeat of a public question or public questions, and which may be expected to make contributions toward such aid or promotion or passage or defeat during a subsequent election, provided that the group, corporation, partnership, association or other organization has been determined by the Commission to be a continuing political committee in accordance with N.J.S.A. 19:44A-8(b).

Quarterly Form Reports: PACS must file quarterly Form R – 3 reports on the 15th of April, July, October and January of each year. The Form – 3 reports require disclosure of a PAC’s contributions and expenditures.

While the amount of all contributions must be disclosed, only those contributions in excess of $300.00 in the aggregate from one source during a calendar year, and currency contributions in any amount, must be disclosed in detail. Accordingly, for those contributors who give more than $300.00 in the aggregate during a calendar year, or currency in any amount, the PAC must disclose the date and the amount of the contribution, and the contributor’s name, address, and, if the contributor is an individual – occupation and employer information. All expenditures, regardless of amount, must be disclosed.

New Jersey now has all the information related to campaigns, summary requirements, contribution limits chart, registration and reporting forms and actual up to date candidate and CPC Form R – 3 filings on their web site at: www.elec.state.nj.us.

 

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