88R7893 MPF-D
By: Thimesch H.B. No. 3372
A BILL TO BE ENTITLED
AN ACT
relating to the reporting of political 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 candidate or officeholder
who accepts a political contribution made using a credit card
shall:
(1) report as a political contribution the full
amount, including any amount deducted from the political
contribution by the credit card issuer as a processing fee; and
(2) report as a political expenditure any amount
deducted from the political contribution by the credit card issuer
as a processing fee.
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.