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1 | 1 | By: Harrison H.B. No. 953 | |
2 | 2 | ||
3 | 3 | ||
4 | 4 | ||
5 | 5 | ||
6 | 6 | A BILL TO BE ENTITLED | |
7 | 7 | AN ACT | |
8 | 8 | relating to a prohibition on the receipt of bond proceeds by persons | |
9 | 9 | who make a contribution to certain political committees. | |
10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
11 | 11 | SECTION 1. Subchapter A, Chapter 253, Election Code, is | |
12 | 12 | amended by adding Section 253.008 to read as follows: | |
13 | 13 | Sec. 253.008. PROHIBITION ON RECEIPT OF BOND PROCEEDS BY | |
14 | 14 | PERSONS WHO CONTRIBUTE TO CERTAIN POLITICAL COMMITTEES. | |
15 | 15 | Notwithstanding any law, a person who makes a contribution to a | |
16 | 16 | political committee that supports the issuance of a bond may not | |
17 | 17 | receive money, including payment under a contract for goods or | |
18 | 18 | services, from any proceeds in connection with the bond. | |
19 | 19 | SECTION 2. Section 253.008, Election Code, as added by this | |
20 | 20 | Act, applies only to a contribution to a political committee that is | |
21 | 21 | made on or after the effective date of this Act. | |
22 | 22 | SECTION 3. This Act takes effect September 1, 2025. |