New Jersey Passes Campaign Finance Overhaul into Law New Jersey has recently passed a campaign finance overhaul into law, which aims to increase transparency and accountability in political spending. The new law, which was signed by Governor Phil Murphy, will require political groups to disclose their donors and spending, and will also limit the amount of money that can be donated to political campaigns. The law, which is one of the most comprehensive campaign finance reforms in the country, will require political groups to disclose their donors and spending to the state's Election Law Enforcement Commission. This will include any group that spends more than $3,000 on political activities, including independent expenditures, electioneering communications, and issue advocacy. In addition, the law will limit the amount of money that can be donated to political campaigns. Individuals will be limited to donating $3,000 to a candidate for state office, $7,200 to a political party, and $10,000 to a political action committee. Corporations and unions will be limited to donating $7,200 to a political party and $10,000 to a political action committee. The new law also includes provisions to prevent dark money from being used in political campaigns. Dark money refers to political spending by groups that do not disclose their donors. Under the new law, any group that spends more than $3,000 on political activities will be required to disclose their donors. The law has been praised by advocates for campaign finance reform, who say that it will increase transparency and accountability in political spending. This is a major step forward for democracy in New Jersey, said Jesse Burns, executive director of the League of Women Voters of New Jersey. By requiring disclosure of political spending and limiting the influence of big money in politics, this law will help ensure that our elections are fair and transparent. However, the law has also been criticized by some who say that it will limit free speech and political participation. This law is a direct attack on the First Amendment rights of New Jersey residents, said Scott Rudder, president of the New Jersey CannaBusiness Association. By limiting the amount of money that can be donated to political campaigns, the law will make it harder for small businesses and individuals to participate in the political process. Despite the criticism, the new law is expected to have a significant impact on political spending in New Jersey. By increasing transparency and limiting the influence of big money in politics, the law will help ensure that elections in the state are fair and transparent.