89R12886 CJD-D
By: Bettencourt S.B. No. 2859
A BILL TO BE ENTITLED
AN ACT
relating to a prohibition on the receipt of bond proceeds by persons
who make a contribution to certain political committees.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter A, Chapter 253, Election Code, is
amended by adding Section 253.008 to read as follows:
Sec. 253.008. PROHIBITION ON RECEIPT OF BOND PROCEEDS BY
PERSONS WHO CONTRIBUTE TO CERTAIN POLITICAL COMMITTEES.
Notwithstanding any law, a person who makes a contribution to a
political committee that supports the issuance of a bond may not
receive money, including payment under a contract for goods or
services, from any proceeds in connection with the bond.
SECTION 2. Section 253.008, Election Code, as added by this
Act, applies only to a contribution to a political committee that is
made on or after the effective date of this Act.
SECTION 3. This Act takes effect September 1, 2025.