84R1069 ATP-D
By: Taylor of Collin S.B. No. 1992
A BILL TO BE ENTITLED
AN ACT
relating to a restriction on the use of certain political
contributions from a single source in the month before an election.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter B, Chapter 253, Election Code, is
amended by adding Section 253.044 to read as follows:
Sec. 253.044. USE OF CERTAIN CONTRIBUTIONS BEFORE ELECTION.
(a) This section applies only to a political contribution accepted
by a candidate, a specific-purpose committee supporting or opposing
a candidate, or a general-purpose committee that makes
contributions or expenditures supporting or opposing a candidate,
during the period beginning the 30th day before the date of an
election in which the candidate is on the ballot and ending on that
election day.
(b) A candidate or committee that, during the period
described by Subsection (a), accepts from a single source a
political contribution that when aggregated with all political
contributions from the same source during that period exceeds
$5,000 may not spend the contribution until:
(1) the candidate or committee reports the
contribution to the authority with whom the candidate or committee
reports political contributions and expenditures; and
(2) if the candidate or committee files reports of
political contributions and expenditures with the commission, the
commission has posted on the commission's website the contribution
reported under Subdivision (1).
SECTION 2. This Act takes effect September 1, 2015.