We have created a step-by-step guide to assist with building your Anedot Donation Page to meet the format requested by the New Jersey Election Law Enforcement Commission (ELEC) to comply with N.J.A.C.
Contact ELEC directly to inquire about campaign compliance requirements. Anedot does NOT provide compliance advice or approval.
ELEC Requirements
The regulation states the following:
To be eligible for match pursuant to N.J.A.C. 19:25-15.17, a contribution received by means of an electronic transfer of funds, including a credit card, shall be deposited directly into a matching fund account established pursuant to N.J.A.C. 19:25-15.14(b). For each contribution received by an electronic transfer of funds, including a credit card, the matching fund submission shall include a deposit slip or dated receipt from the bank or financial institution which specifically identifies the contributor and the amount of the contribution and a written statement which includes the signature of the contributor, the name of the contributor as it appears on the account used for the electronic transfer of funds or credit card account, the name of the owner of the account used for the electronic transfer of funds or credit card account, and the billing address of the account used for the electronic transfer of funds or credit card. An electronic signature will satisfy the signature requirement in this section when:
A contributor or authorized representative provides the required information, as specified in this subsection;
The contributor or authorized representative attests to his or her intent to authorize the contribution and provide their signature by typing their name.
Electronically received contributions are prohibited to be made by partnerships, LLCs, or LLPs;
The designated treasurer or deputy treasurer provides a certification to the Commission certifying that any and all credit card processing companies utilized to collect contributions performs the following verification process:
Verification shall confirm that the following characteristics correspond to each other for the transaction to be accepted or approved and documentation demonstrating the verification process shall be provided by the credit card processor and included as part of the treasurer’s or deputy treasurer’s certification:
Cardholder name;
Credit card number;
Billing zip code;
Expiration date; and
Security code;
Any inconsistency among the above characteristics shall cause the transaction to fail; and
The certification must be provided to the Commission prior to submitting electronically received contributions for match; and
The campaign shall provide a receipt or confirmation of each contribution received electronically by credit card containing the following information:
The contributor’s name as it appeared on the credit card;
The contributor’s or authorized representative’s name as it appears on the signature line;
The contributor’s address;
The amount of the contribution; and
The date the contribution was electronically submitted.
ELEC Sample Certification
Treasurers must supply ELEC with a certification that contains information from Anedot.
Setting Up Gross Deposits
By default, Anedot accounts are set up on Net Deposit. To participate in this program, you are required to "collect and deposit the gross amount submitted by each
contributor, without deduction of a processing fee."
The Anedot team can help you switch over to Gross Deposits to comply. Please contact us at [email protected] if you need assistance!