Prohibits business receiving State development subsidies from making certain campaign contributions.
This bill prohibits businesses receiving New Jersey state development subsidies of $25,000 or more from making campaign contributions to political candidates, parties, or committees during the subsidy period. It also bans officers, directors, key employees, or agents of these businesses from making such contributions, though candidates may contribute to their own campaigns. Violations could result in criminal fines (up to $200,000 for individuals, $500,000 for businesses) or civil penalties like losing the subsidy, future eligibility for state funding, or a five-year ban on state contracts. The prohibition applies broadly to subsidies like grants, loans, and tax credits, but excludes certain programs like affordable housing or environmental initiatives.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
Floor votes
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Full legislative history
Actions timeline
Total actions
1
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0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly State and Local Government Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ellen Park
DDemocratic
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