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bramnick-suit-for-website1Contributions go to Bramnick 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 $5,200 per election but cannot exceed $2,600 in total to any one of the candidates from individuals and corporations. PAC’s may contribute $16,400 per election but cannot exceed $8,200 in total to any one of the candidates.

A partnership or limited liability company may not contribute as an entity. However a contribution 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 candidate, per election cycle limit.

Contributions are not deductible for income tax purposes.

Paid for by Bramnick for Assembly, Daniel Connolly-Treasurer

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