88R13045 MPF-D
By: Thimesch, Slawson, Hayes, DeAyala, H.B. No. 3372
Capriglione, et al.
A BILL TO BE ENTITLED
AN ACT
relating to the reporting of political contributions, including
in-kind contributions, and expenditures made using a credit card.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter B, Chapter 254, Election Code, is
amended by adding Section 254.044 to read as follows:
Sec. 254.044. REPORTING OF POLITICAL CONTRIBUTIONS AND
EXPENDITURES MADE USING CREDIT CARD. (a) A candidate or
officeholder who accepts a political contribution made using a
credit card shall:
(1) for a political contribution for which a
processing fee is deducted by the credit card issuer from the
political contribution amount:
(A) report as a political contribution the full
amount, including the deducted amount; and
(B) report as a political expenditure the
deducted amount; and
(2) for a political contribution for which a
processing fee is paid by the person making the political
contribution in excess of the political contribution amount:
(A) report as a political contribution the full
amount, not including the amount paid in excess of the political
contribution amount; and
(B) report as an in-kind contribution the amount
paid in excess of the political contribution amount.
(b) Notwithstanding any other provision of this chapter and
for purposes of reporting in-kind contributions under Subsection
(a)(2)(B), a candidate or officeholder may aggregate those in-kind
contributions for the reporting period during which the in-kind
contributions are accepted.
SECTION 2. Section 254.044, Election Code, as added by this
Act, applies only to a report of political contributions and
expenditures under Chapter 254, Election Code, that is required to
be filed on or after January 1, 2024.
SECTION 3. This Act takes effect September 1, 2023.