The state of Illinois, Maryland, New Jersey, Pennsylvania, Philadelphia, and Rhode Island have various pay-to-play reporting requirements for companies with business relationships in those jurisdictions. These requirements involve reporting political contributions by the company, its affiliates, PACs, directors, and employees, as well as disclosing information about contracts with state or local agencies. Different reporting deadlines apply in each state, with Illinois having a deadline of February 14, 2025, and Pennsylvania having a deadline of February 15, 2025.
In Illinois, companies with contracts worth over $50,000 must register with the Illinois State Board of Elections and report any changes in covered donors. In Maryland, entities with contracts over $200,000 must disclose contributions and contract details. New Jersey requires annual disclosure statements for contracts over $50,000, while Pennsylvania mandates reporting contributions if awarded a contract the previous year. Philadelphia requires disclosure of contributions for contracts over $25,000, and Rhode Island mandates reporting if contracts exceed $5,000 and contributions exceed $250.
Companies must comply with these reporting requirements on a rolling, ongoing, or contract-specific basis to ensure transparency and accountability in their business relationships with state and local governments. Failure to comply with these regulations may result in contracts being voided or other penalties. It is important for companies to stay aware of the specific requirements in each jurisdiction where they conduct business to avoid any potential issues or legal consequences.
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