Bill Text: TX SB2380 | 2023-2024 | 88th Legislature | Introduced

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Bill Title: Relating to the adjustment by the Texas Ethics Commission of monetary reporting thresholds.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2023-03-23 - Referred to State Affairs [SB2380 Detail]

Download: Texas-2023-SB2380-Introduced.html

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88R9022 CJD-D
By: Zaffirini S.B. No. 2380

A BILL TO BE ENTITLED
AN ACT
relating to the adjustment by the Texas Ethics Commission of
monetary reporting thresholds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 571.064(b), Government Code, is amended
to read as follows:
(b) If a law, other than Section 305.005, administered and
enforced by the commission sets dollar amounts or categories of
amounts as reporting thresholds or if the commission sets those
amounts, the commission [annually] shall decennially adjust those
thresholds upward to the nearest multiple of $100 [$10] in
accordance with the percentage increase for the preceding 10 years
[previous year] in the Consumer Price Index for Urban Consumers
published by the Bureau of Labor Statistics of the United States
Department of Labor.
SECTION 2. (a) Notwithstanding the changes in law made by
this Act to Section 571.064(b), Government Code, the Texas Ethics
Commission is not required to adjust a threshold amount under that
subsection until the 10th year following the date on which the
commission most recently adjusted the amount before the effective
date of this Act.
(b) The changes in law made by this Act to Section
571.064(b), Government Code, do not affect an adjustment made by
the Texas Ethics Commission under that subsection before the
effective date of this Act. An adjustment made before the effective
date of this Act is governed by the law in effect when the
adjustment was made, and the former law is continued in effect for
that purpose.
SECTION 3. This Act takes effect September 1, 2023.