02.02.2011March 30, 2011, all businesses that have received aggregate payments of $50,000 or more during the 2010 calendar year must file Form BE electronically with the New Jersey Election Law Enforcement Commission. This filing requirement has been in effect since 2006. All businesses that meet the $50,000 threshold should be following a compliance plan that accurately tracks covered contracts and contributions and facilitates reporting. Now is the time to move from tracking into full filing preparation mode. It is also a good time for conducting an annual audit to ensure that all contributions are in full compliance with applicable law and that no contributions jeopardize eligibility for any government contract.
Tag: New Jersey