The Division of Local Government Services within the New Jersey Department of Community Affairs has proposed a new rule (N.J.A.C. 5:35-2.1), intended to clarify the types of local government employees to be considered “managerial executive employees” and therefore subject to filing an annual financial disclosure statement under Local Government Ethics Law.
The rule is of interest in that it lists “special improvement district executive director(s)/director(s) and its members” as managerial directors, thereby making them local government officers that are subject to the disclosure requirements. The required financial disclosure statements call for information regarding sources of income, gifts, fees, and honoraria received by a local government officer or his or her immediate family, as well as disclosure of ownership stakes in any real property and business organizations.
The rule is open for comment through November 5, 2016.
If you would like to submit comments on the Rule, you may do so via e-mail to email@example.com or by regular mail to Jason R. Martucci Esq., Administrative Practice Officer, Division of Local Government Services, Department of Community Affairs, PO Box 803, Trenton, NJ 08625-0803.