Bill Text: TX SB773 | 2019-2020 | 86th Legislature | Introduced


Bill Title: Relating to political expenditures made by a corporation to finance the solicitation of political contributions to a political committee.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-03-01 - Referred to State Affairs [SB773 Detail]

Download: Texas-2019-SB773-Introduced.html
  86R5006 JG-D
 
  By: Hughes S.B. No. 773
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to political expenditures made by a corporation to finance
  the solicitation of political contributions to a political
  committee.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 253.100(b), Election Code, is amended to
  read as follows:
         (b)  A corporation may make political expenditures to
  finance the solicitation of political contributions to a
  general-purpose committee assisted under Subsection (a) from the
  stockholders, employees, or families of stockholders or employees
  of one or more corporations, including soliciting political
  contributions by making charitable contributions that fully or
  partially match the political contributions.
         SECTION 2.  This Act takes effect September 1, 2019.
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