Texas 2025 89th Regular

Texas Senate Bill SB3013 Introduced / Analysis

Filed 03/17/2025

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                    BILL ANALYSIS        Senate Research Center   S.B. 3013         By: Creighton         State Affairs         4/9/2025         As Filed          AUTHOR'S / SPONSOR'S STATEMENT OF INTENT   S.B. 3013 makes changes to the Texas Ethics Commission's (TEC) requirements for financial disclosures from campaign filers. The purpose of this bill is to protect sensitive information belonging to campaign filers.   This bill does three key things:  Blind Trusts   Strikes the requirement that the identification of a blind trust disclose the fair market value of the trust.  Notification of Late Filing   Strikes the requirement that TEC send notice of a late filing to the state prosecuting attorney and instead requires that notice be provided to the individual.  Home Address   Expands the requirement that TEC redact home addresses before disclosing a financial statement to the public to include all filers.      As proposed, S.B. 3013 amends current law relating to financial disclosures.   RULEMAKING AUTHORITY   This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.   SECTION BY SECTION ANALYSIS   SECTION 1. Amends Section 572.023(b)(14), Government Code, to delete existing text providing that the account of financial activity consists of identification of each blind trust that complies with Subsection (c) (relating to providing that a blind trust is a trust meeting certain criteria), including the category of the fair market value of the trust, and to make nonsubstantive changes.   SECTION 2. Amends Section 572.031(b), Government Code, to require the Texas Ethics Commission (TEC), if TEC determines that an individual has failed to file the statement in compliance with Subchapter B (Personal Financial Statement), Chapter 572 (Personal Financial Disclosure, Standards of Conduct, and Conflict of Interest) to send a written notice to the individual, rather than a written statement of the determination to the appropriate prosecuting attorneys of the state.   SECTION 3. Amends Section 572.032(a-1), Government Code, as amended by Acts 2017, 85th Leg., R.S., Ch. 34 (S.B. 1576), Sec. 15, as follows:   (a-1) Requires TEC, before permitting a member of the public to view a financial statement filed under this subchapter or providing a copy of the statement to a member of the public, to remove from the statement, if applicable, the home address of a state officer, a partisan or independent candidate for an office as an elected officer, and a state party chair, rather than a judge or justice or a member of the governing board or executive head of the Texas Civil Commitment Office.   SECTION 4. Effective date: September 1, 2025.

BILL ANALYSIS

Senate Research Center S.B. 3013
 By: Creighton
 State Affairs
 4/9/2025
 As Filed



Senate Research Center

S.B. 3013

By: Creighton

State Affairs

4/9/2025

As Filed

AUTHOR'S / SPONSOR'S STATEMENT OF INTENT

S.B. 3013 makes changes to the Texas Ethics Commission's (TEC) requirements for financial disclosures from campaign filers. The purpose of this bill is to protect sensitive information belonging to campaign filers.

This bill does three key things:

* Blind Trusts
* Notification of Late Filing
* Home Address

* Strikes the requirement that the identification of a blind trust disclose the fair market value of the trust.

* Strikes the requirement that TEC send notice of a late filing to the state prosecuting attorney and instead requires that notice be provided to the individual.

* Expands the requirement that TEC redact home addresses before disclosing a financial statement to the public to include all filers.

As proposed, S.B. 3013 amends current law relating to financial disclosures.

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 572.023(b)(14), Government Code, to delete existing text providing that the account of financial activity consists of identification of each blind trust that complies with Subsection (c) (relating to providing that a blind trust is a trust meeting certain criteria), including the category of the fair market value of the trust, and to make nonsubstantive changes.

SECTION 2. Amends Section 572.031(b), Government Code, to require the Texas Ethics Commission (TEC), if TEC determines that an individual has failed to file the statement in compliance with Subchapter B (Personal Financial Statement), Chapter 572 (Personal Financial Disclosure, Standards of Conduct, and Conflict of Interest) to send a written notice to the individual, rather than a written statement of the determination to the appropriate prosecuting attorneys of the state.

SECTION 3. Amends Section 572.032(a-1), Government Code, as amended by Acts 2017, 85th Leg., R.S., Ch. 34 (S.B. 1576), Sec. 15, as follows:

(a-1) Requires TEC, before permitting a member of the public to view a financial statement filed under this subchapter or providing a copy of the statement to a member of the public, to remove from the statement, if applicable, the home address of a state officer, a partisan or independent candidate for an office as an elected officer, and a state party chair, rather than a judge or justice or a member of the governing board or executive head of the Texas Civil Commitment Office.

SECTION 4. Effective date: September 1, 2025.