No contribution of money or any other thing of value, including in-kind
contributions, made by a professional business entity to any municipal candidate
for Mayor or Council or municipal or PAC referenced in this chapter shall
be deemed a violation of this chapter, nor shall an agreement for property,
goods, or services, of any kind whatsoever, be disqualified thereby, if that
contribution was made by the professional business entity prior to the effective
date of this chapter.
A professional business entity contributing to a Borough candidate or officeholder or municipal or independent organizations or PAC referenced in this chapter may cure a violation of §
55-1 of this chapter, if, within 30 days after the date on which the applicable ELEC Report is published, the professional business entity shall notify the Borough in writing and seek and receive reimbursement of a contribution from the Borough candidate, municipal or political party, independent organizations or PAC referenced in this chapter. Proof of said return must be provided to the Borough Clerk prior to the execution of the proposed contract.