Old | New | Differences | |
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1 | 1 | 86R5006 JG-D | |
2 | 2 | By: Hughes S.B. No. 773 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to political expenditures made by a corporation to finance | |
8 | 8 | the solicitation of political contributions to a political | |
9 | 9 | committee. | |
10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
11 | 11 | SECTION 1. Section 253.100(b), Election Code, is amended to | |
12 | 12 | read as follows: | |
13 | 13 | (b) A corporation may make political expenditures to | |
14 | 14 | finance the solicitation of political contributions to a | |
15 | 15 | general-purpose committee assisted under Subsection (a) from the | |
16 | 16 | stockholders, employees, or families of stockholders or employees | |
17 | 17 | of one or more corporations, including soliciting political | |
18 | 18 | contributions by making charitable contributions that fully or | |
19 | 19 | partially match the political contributions. | |
20 | 20 | SECTION 2. This Act takes effect September 1, 2019. |