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.