Pay-to-Play Spotlight: NJ Proposes Pay-to-Play Record Retention Rule
As part of a series of proposed amendments affecting the regulations enforced by the New Jersey Election Law Enforcement Commission (ELEC), ELEC proposes to implement a record retention requirement on entities required to file the state's annual pay-to-play reports.
The proposal would require state contractors to maintain records and documents for four years after the date the annual report was filed or when it was due, whichever is longer. Such records would need "to provide evidence to support statements" in the annual pay-to-play report and "to permit an adequate basis for auditing" such a report.
The proposed regulatory amendment can be found at http://www.elec.state.nj.us/pdffiles/regulations/oal_prop_edits_12142009.pdf. Written comments are due by February 19, 2010, and a hearing will be held on February 16, 2010. Note that New Jersey's annual pay-to-play report is due on March 30, 2010.
