Wednesday, March 29, 2017
Campaign Matching Funds Disbursed
TRENTON, N.J. -
New Jersey election officials are releasing the amount of public campaign matching funds being disbursed to candidates.
The Election Law Enforcement Commission stated that more than $1.7 million has been given to two candidates vying to succeed Republican Governor Chris Christie.
According to the commission, Republican Lieutenant Governor Kim Guadagno received more than $830,000. Democrat Jim Johnson, a former Clinton Administration treasury official, has received more than $875,000.
The program allows candidates to get $2 in public cash for every dollar raised. Candidates must raise $430,000 to qualify and there's a cap of $4 million.
Matching funds are financed through donations from state income tax forms and through the general fund.
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