| 1 | 1 | | 88R9022 CJD-D |
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| 2 | 2 | | By: Zaffirini S.B. No. 2380 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the adjustment by the Texas Ethics Commission of |
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| 8 | 8 | | monetary reporting thresholds. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Section 571.064(b), Government Code, is amended |
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| 11 | 11 | | to read as follows: |
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| 12 | 12 | | (b) If a law, other than Section 305.005, administered and |
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| 13 | 13 | | enforced by the commission sets dollar amounts or categories of |
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| 14 | 14 | | amounts as reporting thresholds or if the commission sets those |
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| 15 | 15 | | amounts, the commission [annually] shall decennially adjust those |
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| 16 | 16 | | thresholds upward to the nearest multiple of $100 [$10] in |
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| 17 | 17 | | accordance with the percentage increase for the preceding 10 years |
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| 18 | 18 | | [previous year] in the Consumer Price Index for Urban Consumers |
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| 19 | 19 | | published by the Bureau of Labor Statistics of the United States |
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| 20 | 20 | | Department of Labor. |
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| 21 | 21 | | SECTION 2. (a) Notwithstanding the changes in law made by |
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| 22 | 22 | | this Act to Section 571.064(b), Government Code, the Texas Ethics |
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| 23 | 23 | | Commission is not required to adjust a threshold amount under that |
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| 24 | 24 | | subsection until the 10th year following the date on which the |
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| 25 | 25 | | commission most recently adjusted the amount before the effective |
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| 26 | 26 | | date of this Act. |
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| 27 | 27 | | (b) The changes in law made by this Act to Section |
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| 28 | 28 | | 571.064(b), Government Code, do not affect an adjustment made by |
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| 29 | 29 | | the Texas Ethics Commission under that subsection before the |
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| 30 | 30 | | effective date of this Act. An adjustment made before the effective |
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| 31 | 31 | | date of this Act is governed by the law in effect when the |
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| 32 | 32 | | adjustment was made, and the former law is continued in effect for |
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| 33 | 33 | | that purpose. |
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| 34 | 34 | | SECTION 3. This Act takes effect September 1, 2023. |
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