Texas 2015 - 84th Regular

Texas Senate Bill SB1992 Compare Versions

Only one version of the bill is available at this time.
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11 84R1069 ATP-D
22 By: Taylor of Collin S.B. No. 1992
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to a restriction on the use of certain political
88 contributions from a single source in the month before an election.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Subchapter B, Chapter 253, Election Code, is
1111 amended by adding Section 253.044 to read as follows:
1212 Sec. 253.044. USE OF CERTAIN CONTRIBUTIONS BEFORE ELECTION.
1313 (a) This section applies only to a political contribution accepted
1414 by a candidate, a specific-purpose committee supporting or opposing
1515 a candidate, or a general-purpose committee that makes
1616 contributions or expenditures supporting or opposing a candidate,
1717 during the period beginning the 30th day before the date of an
1818 election in which the candidate is on the ballot and ending on that
1919 election day.
2020 (b) A candidate or committee that, during the period
2121 described by Subsection (a), accepts from a single source a
2222 political contribution that when aggregated with all political
2323 contributions from the same source during that period exceeds
2424 $5,000 may not spend the contribution until:
2525 (1) the candidate or committee reports the
2626 contribution to the authority with whom the candidate or committee
2727 reports political contributions and expenditures; and
2828 (2) if the candidate or committee files reports of
2929 political contributions and expenditures with the commission, the
3030 commission has posted on the commission's website the contribution
3131 reported under Subdivision (1).
3232 SECTION 2. This Act takes effect September 1, 2015.