Bill Text: TX HB776 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to political contributions by corporations and labor organizations to certain political committees.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-02-21 - Referred to Elections [HB776 Detail]
Download: Texas-2019-HB776-Introduced.html
| 86R971 ATP-F | ||
| By: Davis of Harris | H.B. No. 776 | |
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| relating to political contributions by corporations and labor | ||
| organizations to certain political committees. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter D, Chapter 253, Election Code, is | ||
| amended by adding Section 253.105 to read as follows: | ||
| Sec. 253.105. CONTRIBUTIONS TO DIRECT EXPENDITURE ONLY | ||
| COMMITTEES. A corporation or labor organization may make a | ||
| political contribution from its own property to a political | ||
| committee that: | ||
| (1) is not established or controlled by a candidate or | ||
| an officeholder; | ||
| (2) makes or intends to make direct campaign | ||
| expenditures; | ||
| (3) does not make or intend to make political | ||
| contributions to: | ||
| (A) a candidate; | ||
| (B) an officeholder; | ||
| (C) a specific-purpose committee established or | ||
| controlled by a candidate or an officeholder; or | ||
| (D) a political committee that makes or intends | ||
| to make political contributions to a candidate, an officeholder, or | ||
| a specific-purpose committee established or controlled by a | ||
| candidate or an officeholder; and | ||
| (4) has filed an affidavit with the commission stating | ||
| the committee's intention to operate as described by Subdivisions | ||
| (2) and (3). | ||
| SECTION 2. This Act takes effect September 1, 2019. | ||
