AP: Subsidized NJ firms may see new donor rules

Published October 10, 2012 12:56am ET



TRENTON, N.J. (AP) — Companies receiving business grants, tax credits or other subsidies from New Jersey government would be required to disclose all political donations of more than $10,000 under newly introduced legislation.

The sponsor, Democratic Assemblyman Tim Eustace of Paramus, said taxpayers are entitled to find out the extent of political involvement by companies receiving economic development help from the state, as well as what candidates and causes they support.

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