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) 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
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  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.
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