By: Taylor of Collin S.B. No. 505 (In the Senate - Filed January 25, 2017; January 30, 2017, read first time and referred to Committee on State Affairs; February 2, 2017, reported favorably by the following vote: Yeas 9, Nays 0; February 2, 2017, sent to printer.) Click here to see the committee vote A BILL TO BE ENTITLED AN ACT relating to restrictions on lobbyist expenditures from certain political contributions. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter B, Chapter 305, Government Code, is amended by adding Section 305.029 to read as follows: Sec. 305.029. EXPENDITURES FROM POLITICAL CONTRIBUTIONS RESTRICTED. (a) In this section, "political contribution" has the meaning assigned by Section 251.001, Election Code. (b) Notwithstanding any other provision of law, a person required to register under this chapter may not, before the second anniversary of the date the last term for which the person was elected ends, knowingly make or authorize an expenditure under this chapter from political contributions accepted by the person as a candidate or officeholder. SECTION 2. Section 305.029, Government Code, as added by this Act, applies to a political contribution, political expenditure, or lobbying expenditure made on or after January 8, 2019, from funds accepted as a political contribution, regardless of the date the funds were accepted. SECTION 3. This Act takes effect January 8, 2019. * * * * *