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CODEY SIGNS BILL FREEZING CAMPAIGN CONTRIBUTION LIMITS FOR

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Posted by Governor's Office on 11:32:34 12/16/04

CODEY SIGNS BILL FREEZING CAMPAIGN CONTRIBUTION LIMITS FOR COUNTY AND STATE POLITICAL ORGANIZATIONS

                                               

(TRENTON) – Acting Governor Richard J. Codey today signed S-27, a bill that will freeze campaign contribution limits to State and county political organizations and to leadership political action committees at their current levels.

 

The new law – which was co-sponsored by Codey as Senate President and by Senator Ellen Karcher, and in the Assembly by Assemblyman Alfred E. Steele and Assemblyman Mims Hackett Jr. – is another step in Acting Governor Codey’s effort to restore the public’s trust in government and eliminate the influence of money on State officials.

 

“We cannot talk about government reform if we’re not doing everything possible to eliminate the influence of money,” Acting Governor Codey said. “There is already too much money in politics.”

 

“We actually have a law that requires contribution limits to go up every four years. It’s absurd. Social Security checks should get a cost of living adjustment, not campaign contributions,” the Acting Governor continued.

 

Prior to enactment of the new law, existing law required the Election Law Enforcement Commission to adjust campaign contribution limits by December 1 on years that precede a gubernatorial election. The adjustments were based on a formula that measured the increase in the cost of campaigning over the previous four years.

 

The new law ends the automatic four-year adjustment by ELEC, and freezes contribution limits at their current levels. The new law requires ELEC to issue a report to the Legislature every four years, with recommendations for contribution limit adjustments. The Legislature could then adopt part or all of the recommended adjustments through legislation.

 

“Jerry Fitzgerald English, the Chair of ELEC, has thanked me for this proposal. Even the people at ELEC don’t want to be forced, every four years, to order us to raise contribution limits,” Acting Governor Codey said.

 

The new law excludes a freeze on campaign contribution limits to individual candidate committees, because such contributions help create a larger field of candidates, and boost candidates’ independence.

 

Today’s action is part of Acting Governor Codey’s broader effort to rebuild public trust in government.

 

In addition to today’s bill signing, Acting Governor Codey:

 

 

  • On December 6 signed an Executive Order banning the State, including its departments, agencies and independent authorities, from hiring bond underwriting firms that pay contingency fees to consultants. That Executive Order broadens an existing law – sponsored by Codey as Senate President – that bans contingency fees for lobbyists. The Executive Order and law help prevent the influence of money on government officials.
  • On November 29 made New Jersey only the ninth State with a statewide office of Inspector General – a position with a broad, powerful mandate to seek out waste, mismanagement and fraud in Government spending. The Inspector General will review procurements and public contracts; receive complaints and perform investigations; and recommend ways the State can save money.
  • Created on November 17, his second day as Acting Governor, Special Counsel for Ethics Reform. The Special Counsel will conduct a thorough audit of all ethics rules that apply to Executive Branch and authorities employees; and will develop a mandatory ethics training program for employees.
  • Is co-sponsoring a bill to let municipalities, counties and school boards enact stronger pay-to-play bans.
  • Is working to codify into law former Governor McGreevey’s Executive Order banning contributions from vendors that do business with State agencies.

Announced he will go further than State law requires, by banning contributions from State vendors to his Senate leadership PAC and individual campaign committee while he serves as Acting Governor.

 

###

 

Photos and audio and video clips from Acting Governor Codey's public events are available

in the Acting Governor's Newsroom section on the State of New Jersey web page, http://www.nj.gov/gov_newsroom.html.

 


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