By De La Garza H.B. No. 1165
74R4175 KLL-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to reports filed by certain business entities that receive
1-3 funds from candidates or political committees.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Chapter 254, Election Code, is amended by adding
1-6 Subchapter J to read as follows:
1-7 SUBCHAPTER J. REPORTING BY BUSINESS ENTITIES
1-8 Sec. 254.251. BUSINESS ENTITY REPORT. (a) A business
1-9 entity that receives an amount that in the aggregate exceeds $1,000
1-10 in a calendar year from a candidate or political committee to
1-11 perform work related to a campaign shall file a report with the
1-12 authority with whom the candidate's or political committee's
1-13 campaign treasurer appointment is required to be filed.
1-14 (b) The report must include the name and address of the
1-15 candidate or political committee from whom the funds are received,
1-16 the amount received, a specific listing of the purposes for which
1-17 the business entity will use the funds, and a specific listing of
1-18 the amount used or to be used by the business entity for each of
1-19 those purposes.
1-20 (c) The business entity shall file the report not later than
1-21 the 14th day after the date the amount is received that causes the
1-22 aggregate amount to exceed $1,000.
1-23 (d) The business entity shall file supplemental reports
1-24 during that year if additional amounts are received from that
2-1 candidate or political committee. The supplemental reports must be
2-2 filed not later than the 14th day after the date the additional
2-3 amounts are received.
2-4 (e) A business entity is not required by this section to
2-5 disclose information made confidential by law.
2-6 (f) In this section, "business entity" has the meaning
2-7 assigned by Section 572.002, Government Code.
2-8 SECTION 2. This Act takes effect September 1, 1995.
2-9 SECTION 3. The importance of this legislation and the
2-10 crowded condition of the calendars in both houses create an
2-11 emergency and an imperative public necessity that the
2-12 constitutional rule requiring bills to be read on three several
2-13 days in each house be suspended, and this rule is hereby suspended.