1-1     By:  Gallego, et al. (Senate Sponsor - Shapiro)          H.B. No. 4
 1-2           (In the Senate - Received from the House May 13, 1999;
 1-3     May 14, 1999, read first time and referred to Committee on State
 1-4     Affairs; May 14, 1999, reported favorably by the following vote:
 1-5     Yeas 6, Nays 0; May 14, 1999, sent to printer.)
 1-6                            A BILL TO BE ENTITLED
 1-7                                   AN ACT
 1-8     relating to the regulation of certain political contributions,
 1-9     political expenditures, and political advertising; providing civil
1-10     penalties.
1-11           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-12           SECTION 1.  Section 84.001, Election Code, is amended to read
1-13     as follows:
1-14           Sec. 84.001.  APPLICATION REQUIRED.  (a)  To be entitled to
1-15     vote an early voting ballot by mail, a person who is eligible for
1-16     early voting must make an application for an early voting ballot to
1-17     be voted by mail as provided by this title.
1-18           (b)  An application must be in writing and signed by the
1-19     applicant.
1-20           (c)  An applicant is not required to use an official
1-21     application form.
1-22           (d)  An applicant may not use an application form that is
1-23     part of or is included with a campaign communication or political
1-24     advertising, as defined by Section 251.001, unless the application
1-25     form is printed with the return address of the early voting clerk.
1-26           (e)  An applicant for a ballot to be voted by mail may apply
1-27     for ballots for the main election and any resulting runoff election
1-28     on the same application.  The timeliness of the application for
1-29     both elections is determined in relation to the main election.
1-30     However, if the application is not timely for the main election,
1-31     the timeliness of the application for the runoff election is
1-32     determined in relation to that election.
1-33           (f) [(e)]  A person who has not made an application as
1-34     provided by this title is not entitled to receive an early voting
1-35     ballot to be voted by mail.
1-36           SECTION 2.  Section 251.001, Election Code, is amended by
1-37     amending Subdivisions (2), (3), (4), and (14) and adding
1-38     Subdivisions (21) and (22) to read as follows:
1-39                 (2)  "Contribution" means a direct or indirect transfer
1-40     of money, goods, services, or any other thing of value [and
1-41     includes an agreement made or other obligation incurred, whether
1-42     legally enforceable or not, to make a transfer].  The term includes
1-43     a loan or extension of credit, other than those expressly excluded
1-44     by this subdivision, and a guarantee of a loan or extension of
1-45     credit, including a loan described by this subdivision.  The term
1-46     does not include:
1-47                       (A)  a loan made in the due course of business by
1-48     a corporation that is legally engaged in the business of lending
1-49     money and that has conducted the business continuously for more
1-50     than one year before the loan is made; [or]
1-51                       (B)  an expenditure required to be reported under
1-52     Section 305.006(b), Government Code; or
1-53                       (C)  the value of services provided without
1-54     compensation by an individual who volunteers on behalf of a
1-55     candidate, officeholder, or political committee.
1-56                 (3)  "Campaign contribution" means a contribution to a
1-57     candidate or political committee that is [offered or] given with
1-58     the intent that it be used in connection with a campaign for
1-59     elective office or on a measure.  Whether a contribution is made
1-60     before, during, or after an election does not affect its status as
1-61     a campaign contribution.
1-62                 (4)  "Officeholder contribution" means a contribution
1-63     to an officeholder or political committee that is [offered or]
1-64     given with the intent that it be used to defray expenses that:
 2-1                       (A)  are incurred by the officeholder in
 2-2     performing a duty or engaging in an activity in connection with the
 2-3     office; and
 2-4                       (B)  are not reimbursable with public money.
 2-5                 (14)  "General-purpose committee" means a political
 2-6     committee that has among its principal purposes:
 2-7                       (A)  supporting or opposing:
 2-8                             (i)  two or more candidates who are
 2-9     unidentified or are seeking offices that are unknown; or
2-10                             (ii)  one or more unidentified measures
2-11     [that are unidentified]; or
2-12                       (B)  assisting two or more officeholders who are
2-13     unidentified.
2-14                 (21)  "Unidentified measure" means a question or
2-15     proposal that is intended to be submitted in an election for an
2-16     expression of the voters' will and that is not yet legally required
2-17     to be submitted in an election.  The term does not include the
2-18     circulation or submission of a petition to determine whether a
2-19     question or proposal is required to be submitted in an election for
2-20     an expression of the voters' will.
2-21                 (22)  "Principal political committee of a candidate or
2-22     officeholder" means a political committee established under Section
2-23     251.010 for supporting a candidate or assisting an officeholder.
2-24           SECTION 3.  Subchapter A, Chapter 251, Election Code, is
2-25     amended by adding Sections 251.010 and 251.011 to read as follows:
2-26           Sec. 251.010.  PRINCIPAL POLITICAL COMMITTEE.  (a)  This
2-27     section applies only to:
2-28                 (1)  a statewide office;
2-29                 (2)  the office of state senator;
2-30                 (3)  the office of state representative;
2-31                 (4)  the office of member, State Board of Education; or
2-32                 (5)  the office of chief justice or justice, court of
2-33     appeals.
2-34           (b)  A candidate or officeholder shall designate in writing a
2-35     political committee to serve as the person's principal political
2-36     committee.
2-37           (c)  A designation under Subsection (b) must be:
2-38                 (1)  made not later than the 15th day after the date
2-39     the person becomes a candidate or officeholder; and
2-40                 (2)  filed with the commission.
2-41           (d)  Except as provided by Subsection (e), a candidate or
2-42     officeholder may not have more than one principal political
2-43     committee at a time, and a person who is both a candidate and an
2-44     officeholder may not have more than one principal political
2-45     committee.  A candidate who becomes an officeholder is not required
2-46     to designate a new principal political committee.
2-47           (e)  An officeholder other than a judicial officeholder who
2-48     becomes a candidate for a judicial office may designate a second
2-49     principal political committee in connection with that candidacy.  A
2-50     judicial officeholder who becomes a candidate for a nonjudicial
2-51     office may designate a second principal political committee in
2-52     connection with that candidacy.
2-53           (f)  A prohibition or restriction imposed by this title on a
2-54     candidate or officeholder applies to the principal political
2-55     committee of a candidate or officeholder.
2-56           (g)  This section does not require a candidate for or holder
2-57     of an office other than an office listed in Subsection (a) to
2-58     designate a principal political committee.
2-59           Sec. 251.011.  LIABILITY OF CANDIDATE OR OFFICEHOLDER FOR ACT
2-60     OR OMISSION OF PRINCIPAL POLITICAL COMMITTEE.  (a)  A candidate or
2-61     officeholder is civilly liable for an act or omission by the
2-62     person's principal political committee in connection with a
2-63     requirement or prohibition prescribed by this title only if the
2-64     person authorized, requested, commanded, performed, or recklessly
2-65     or negligently tolerated the act or omission.
2-66           (b)  This section does not prohibit the imposition of other
2-67     civil penalties or criminal penalties against a candidate,
2-68     officeholder, political committee, or an agent of a candidate,
2-69     officeholder, or political committee.
 3-1           (c)  If the commission imposes a civil penalty under Section
 3-2     571.173, Government Code, for a violation of this title and the
 3-3     penalty is not paid before the 120th day after the date it is
 3-4     imposed:
 3-5                 (1)  the commission, subject to approval of the
 3-6     attorney general, may contract with a nongovernmental entity to
 3-7     collect the penalty;
 3-8                 (2)  the amount of the penalty is trebled, but not to
 3-9     exceed the maximum penalty provided by commission rule; and
3-10                 (3)  the person against whom the penalty is imposed is
3-11     liable for prejudgment and postjudgment interest, private
3-12     attorney's fees, costs incurred by the attorney general, and costs
3-13     of court.
3-14           SECTION 4.  Chapter 252, Election Code, is amended by adding
3-15     Section 252.0033 to read as follows:
3-16           Sec. 252.0033.  CONTENTS OF APPOINTMENT BY PRINCIPAL
3-17     POLITICAL COMMITTEE.  (a)  In addition to the information required
3-18     by Section 252.002, a campaign treasurer appointment by a principal
3-19     political committee of a candidate or officeholder must include:
3-20                 (1)  the candidate's or officeholder's telephone
3-21     number; and
3-22                 (2)  a statement, signed by the candidate or
3-23     officeholder, that the candidate or officeholder is aware of the
3-24     nepotism law, Chapter 573, Government Code.
3-25           (b)  A campaign treasurer appointment that is filed in a
3-26     manner other than by use of an officially prescribed form is not
3-27     invalid because it fails to comply with Subsection (a)(2).
3-28           SECTION 5.  Section 253.031, Election Code, is amended to
3-29     read as follows:
3-30           Sec. 253.031.  CONTRIBUTION AND EXPENDITURE WITHOUT CAMPAIGN
3-31     TREASURER PROHIBITED.  (a)  A candidate for an office other than an
3-32     office covered by Section 251.010 may not knowingly accept a
3-33     campaign contribution or make or authorize a campaign expenditure
3-34     at a time when a campaign treasurer appointment for the candidate
3-35     is not in effect.
3-36           (b)  A candidate for or holder of an office covered by
3-37     Section 251.010 may not knowingly accept a political contribution
3-38     as authorized by Section 253.0311 or make or authorize a political
3-39     expenditure as authorized by Section 253.0312 at a time when a
3-40     campaign treasurer appointment for the principal political
3-41     committee of the candidate or officeholder is not in effect.
3-42           (c)  A political committee may not knowingly accept political
3-43     contributions totaling more than $500 or make or authorize
3-44     political expenditures totaling more than $500 at a time when a
3-45     campaign treasurer appointment for the committee is not in effect.
3-46           (d) [(c)]  A political committee may not knowingly make or
3-47     authorize a campaign contribution or campaign expenditure
3-48     supporting or opposing a candidate for an office specified by
3-49     Section 252.005(1) in a primary or general election unless the
3-50     committee's campaign treasurer appointment has been filed not later
3-51     than the 30th day before the appropriate election day.
3-52           (e) [(d)]  This section does not apply to a political party's
3-53     county executive committee that accepts political contributions or
3-54     makes political expenditures, except that:
3-55                 (1)  a county executive committee that accepts
3-56     political contributions or makes political expenditures shall
3-57     maintain the records required by Section 254.001; and
3-58                 (2)  a county executive committee that accepts
3-59     political contributions or makes political expenditures that, in
3-60     the aggregate, exceed $5,000 in a calendar year shall file:
3-61                       (A)  a campaign treasurer appointment as required
3-62     by Section 252.001 not later than the 15th day after the date that
3-63     amount is exceeded; and
3-64                       (B)  the reports required by Subchapter F,
3-65     Chapter 254, including in the political committee's first report
3-66     all political contributions accepted and all political expenditures
3-67     made before the effective date of the campaign treasurer
3-68     appointment.
3-69           (f) [(e)]  This section does not apply to an out-of-state
 4-1     political committee unless the committee is subject to Chapter 252
 4-2     under Section 251.005.
 4-3           (g) [(f)]  A person who violates this section commits an
 4-4     offense.  An offense under this section is a Class A misdemeanor.
 4-5           SECTION 6.  Subchapter B, Chapter 253, Election Code, is
 4-6     amended by adding Sections 253.0311 and 253.0312 to read as
 4-7     follows:
 4-8           Sec. 253.0311.  ACCEPTANCE OF POLITICAL CONTRIBUTIONS BY
 4-9     CERTAIN CANDIDATES AND OFFICEHOLDERS.  (a)  Except as provided by
4-10     Subsection (b), a candidate or officeholder who is required to
4-11     designate a principal political committee may not knowingly accept
4-12     a political contribution in connection with the person's own
4-13     candidacy or office.
4-14           (b)  A candidate or officeholder who is required to designate
4-15     a principal political committee may accept a political contribution
4-16     on behalf of the person's principal political committee unless the
4-17     committee itself would be prohibited from accepting the
4-18     contribution.
4-19           (c)  A person who violates this section is liable for a civil
4-20     penalty not to exceed $4,000.
4-21           Sec. 253.0312.  CONTRIBUTIONS OR EXPENDITURES BY CERTAIN
4-22     CANDIDATES AND OFFICEHOLDERS FROM PERSONAL FUNDS.  (a)  Except as
4-23     provided by Subsection (b) or (c), a candidate or officeholder who
4-24     is required to designate a principal political committee may not
4-25     knowingly make a political contribution or political expenditure
4-26     from the person's personal funds in connection with the person's
4-27     own candidacy or office.
4-28           (b)  A candidate or officeholder who is required to designate
4-29     a principal political committee may make a political expenditure
4-30     from the person's personal funds if the person reports the
4-31     expenditure as an expenditure that may, but is not required to, be
4-32     reported as provided by Section 253.035(h) or as a loan as provided
4-33     by Section 253.0351.
4-34           (c)  A candidate or officeholder who is required to designate
4-35     a principal political committee may make a political contribution
4-36     from the person's personal funds to the person's principal
4-37     political committee.
4-38           (d)  A person who violates this section is liable for a civil
4-39     penalty not to exceed $4,000.
4-40           SECTION 7.  Sections 253.034(a)-(c), Election Code, are
4-41     amended to read as follows:
4-42           (a)  During the period beginning on the 30th day before the
4-43     date a regular legislative session convenes and continuing through
4-44     the day of final adjournment, a person may not knowingly make a
4-45     political contribution to:
4-46                 (1)  the principal political committee of a statewide
4-47     officeholder;
4-48                 (2)  the principal political committee of a member of
4-49     the legislature; or
4-50                 (3)  a specific-purpose committee for supporting,
4-51     opposing, or assisting a statewide officeholder or member of the
4-52     legislature.
4-53           (b)  The principal political committee of a [A] statewide
4-54     officeholder or of[,] a member of the legislature[,] or a
4-55     specific-purpose committee for supporting, opposing, or assisting a
4-56     statewide officeholder or member of the legislature may not
4-57     knowingly accept a political contribution, and shall refuse a
4-58     political contribution that is received, during the period
4-59     prescribed by Subsection (a).  A political contribution that is
4-60     received and refused during that period shall be returned to the
4-61     contributor not later than the 30th day after the date of receipt.
4-62     A contribution made by mail is not considered received during that
4-63     period if it was placed with postage prepaid and properly addressed
4-64     in the United States mail before the beginning of the period.  The
4-65     date indicated by the post office cancellation mark is considered
4-66     to be the date the contribution was placed in the mail unless
4-67     proven otherwise.
4-68           (c)  This section does not apply to a political contribution
4-69     that was made and accepted with the intent that it be used:
 5-1                 (1)  in an election held or ordered during the period
 5-2     prescribed by Subsection (a) in which the person on whose behalf
 5-3     [accepting] the contribution is accepted is a candidate if the
 5-4     contribution was made after the person's principal political
 5-5     committee filed [person appointed] a campaign treasurer appointment
 5-6     [with the appropriate authority] and before the person was sworn in
 5-7     for that office;
 5-8                 (2)  to defray expenses incurred in connection with an
 5-9     election contest; or
5-10                 (3)  by the principal political committee of a person
5-11     who holds a statewide [state] office or of a member of the
5-12     legislature if the person or member was defeated at the general
5-13     election held immediately before the session is convened [or by a
5-14     specific-purpose political committee that supports or assists only
5-15     that person or member].
5-16           SECTION 8.  Section 253.035(h), Election Code, is amended to
5-17     read as follows:
5-18           (h)  Except as provided by Section 253.0351, [or] 253.042, or
5-19     253.162, a candidate or officeholder who makes political
5-20     expenditures from the candidate's or officeholder's personal funds
5-21     may reimburse those personal funds from political contributions in
5-22     the amount of those expenditures only if:
5-23                 (1)  the expenditures from personal funds were fully
5-24     reported as political expenditures, including the payees, dates,
5-25     purposes, and amounts of the expenditures, in the report required
5-26     to be filed under this title that covers the period in which the
5-27     expenditures from personal funds were made; and
5-28                 (2)  the report on which the expenditures from personal
5-29     funds are disclosed clearly designates those expenditures as having
5-30     been made from the person's personal funds and that the
5-31     expenditures are subject to reimbursement.
5-32           SECTION 9.  Section 253.037(c), Election Code, is amended to
5-33     read as follows:
5-34           (c)  Subsection (a) does not apply to a political party's
5-35     county executive committee that is complying with Section 253.031
5-36     or to a general-purpose committee that accepts contributions from a
5-37     multicandidate political committee, [(]as defined by 2 U.S.C.
5-38     Section 441a and its subsequent amendments, [the Federal Election
5-39     Campaign Act)] that is registered with the Federal Election
5-40     Commission, provided that the general-purpose committee is in
5-41     compliance with Section 253.032.
5-42           SECTION 10.  Section 253.038(a), Election Code, is amended to
5-43     read as follows:
5-44           (a)  A candidate or officeholder, the principal political
5-45     committee of a candidate or officeholder, or a specific-purpose
5-46     committee for supporting, opposing, or assisting the candidate or
5-47     officeholder may not knowingly make or authorize a payment from a
5-48     political contribution to purchase real property or to pay the
5-49     interest on or principal of a note for the purchase of real
5-50     property.
5-51           SECTION 11.  Section 253.041(a), Election Code, is amended to
5-52     read as follows:
5-53           (a)  A candidate or officeholder, the principal political
5-54     committee of the candidate or officeholder, or a specific-purpose
5-55     committee for supporting, opposing, or assisting the candidate or
5-56     officeholder may not knowingly make or authorize a payment from a
5-57     political contribution if the payment is made for personal services
5-58     rendered by the candidate or officeholder or by the spouse or
5-59     dependent child of the candidate or officeholder to:
5-60                 (1)  a business in which the candidate or officeholder
5-61     has a participating interest of more than 10 percent, holds a
5-62     position on the governing body of the business, or serves as an
5-63     officer of the business; or
5-64                 (2)  the candidate or officeholder or the spouse or
5-65     dependent child of the candidate or officeholder.
5-66           SECTION 12.  The heading to Subchapter A, Chapter 254,
5-67     Election Code, is amended to read as follows:
5-68              SUBCHAPTER A.  RECORDKEEPING; GENERAL PROVISIONS
5-69           SECTION 13.  Subchapter A, Chapter 254, Election Code, is
 6-1     amended by adding Section 254.002 to read as follows:
 6-2           Sec. 254.002.  PRESUMPTION OF BEST EFFORTS.  (a)  If a
 6-3     provision of this chapter requires a person to use the person's
 6-4     best efforts to obtain information to be included in a report under
 6-5     this chapter concerning a person making a political contribution,
 6-6     the person is presumed to have used the person's best efforts if
 6-7     the person can show that the person requested the required
 6-8     information at the time the contribution was solicited or accepted.
 6-9           (b)  A person who receives an unsolicited political
6-10     contribution shall, not later than the 30th day after the date the
6-11     contribution is received, request in writing that the person making
6-12     the contribution provide any information required by Section
6-13     254.031 that was not provided with the contribution.  A request is
6-14     not necessary if the person making the contribution provides all
6-15     required information with the contribution.
6-16           SECTION 14.  Section 254.031, Election Code, is amended to
6-17     read as follows:
6-18           Sec. 254.031.  GENERAL CONTENTS OF REPORTS.  (a)  Except as
6-19     otherwise provided by this chapter, each report filed under this
6-20     chapter must include:
6-21                 (1)  the amount of political contributions from each
6-22     person that in the aggregate exceed $100 [$50] and that are
6-23     accepted during the reporting period by the person or committee
6-24     required to file a report under this chapter, the full name and
6-25     address of the person making the contributions, [and] the dates of
6-26     the contributions, and:
6-27                       (A)  if the person making the contribution is an
6-28     individual, the individual's principal occupation or job title and
6-29     the full name of the individual's employer, if any; and
6-30                       (B)  if the contribution is an in-kind
6-31     contribution, a description of the property or services
6-32     contributed;
6-33                 (2)  the amount of loans that are made during the
6-34     reporting period for campaign or officeholder purposes to the
6-35     person or committee required to file the report and that in the
6-36     aggregate exceed $100 [$50], the dates the loans are made, the
6-37     interest rate, the maturity date, the type of collateral for the
6-38     loans, if any, the full name and address of the person or financial
6-39     institution making the loans, the full name and address, principal
6-40     occupation, and name of the employer of each guarantor of the
6-41     loans, the amount of the loans guaranteed by each guarantor, and
6-42     the aggregate principal amount of all outstanding loans as of the
6-43     last day of the reporting period;
6-44                 (3)  the amount of political expenditures that in the
6-45     aggregate exceed $100 [$50] and that are made during the reporting
6-46     period, the full name and address of the persons to whom the
6-47     expenditures are made, [and] the dates and purposes of the
6-48     expenditures and, if the expenditure is in the form of an in-kind
6-49     contribution, a description of the property or services
6-50     contributed;
6-51                 (4)  the amount of each payment made during the
6-52     reporting period from a political contribution if the payment is
6-53     not a political expenditure, the full name and address of the
6-54     person to whom the payment is made, and the date and purpose of the
6-55     payment;
6-56                 (5)  the total amount or a specific listing of the
6-57     political contributions of $100 [$50] or less accepted and the
6-58     total amount or a specific listing of the political expenditures of
6-59     $100 [$50] or less made during the reporting period;
6-60                 (6)  the total amount of all political contributions
6-61     accepted and the total amount of all political expenditures made
6-62     during the reporting period; [and]
6-63                 (7)  the name of each candidate or officeholder who
6-64     benefits from a direct campaign expenditure made during the
6-65     reporting period by the person or committee required to file the
6-66     report, and the office sought or held, excluding a direct campaign
6-67     expenditure that is made by the principal political committee of a
6-68     political party on behalf of a slate of two or more nominees of
6-69     that party; and
 7-1                 (8)  for each loan that exceeds $100 and is outstanding
 7-2     as of the last day of the reporting period, other than a loan
 7-3     reported under Subdivision (2):
 7-4                       (A)  the full name and address of the person or
 7-5     financial institution making the loan;
 7-6                       (B)  the date the loan was made;
 7-7                       (C)  the original principal amount of the loan;
 7-8     and
 7-9                       (D)  the outstanding principal balance of the
7-10     loan.
7-11           (b)  A person is considered to be in compliance with
7-12     Subsection (a)(1) if the person or the person's campaign treasurer
7-13     shows that best efforts have been used to obtain and report the
7-14     principal occupation or job title of a person making a political
7-15     contribution.
7-16           (c)  A person required to file a report shall report an
7-17     accepted in-kind political contribution as both a political
7-18     contribution accepted and a political expenditure made.
7-19           (d)  If no reportable activity occurs during a reporting
7-20     period, the person required to file a report shall indicate that
7-21     fact in the report.
7-22           SECTION 15.  Section 254.036, Election Code, is amended by
7-23     amending Subsection (a) and adding Subsection (h) to read as
7-24     follows:
7-25           (a)  Each report filed under this chapter must be on a form
7-26     prescribed by the commission and must be written in black ink or
7-27     typed with black typewriter ribbon unless the report is a computer
7-28     printout.  If the report is a computer printout, the printout must
7-29     conform to the same format and paper size as the form prescribed by
7-30     the commission.  A report filed under this chapter must be:
7-31                 (1)  hand-delivered to the authority with whom it is
7-32     required to be filed; or
7-33                 (2)  mailed from and postmarked in:
7-34                       (A)  if the person filing the report is a
7-35     candidate or officeholder, the principal political committee of a
7-36     candidate or officeholder, or a specific-purpose committee for
7-37     supporting or opposing a candidate or assisting an officeholder,
7-38     the city in which the candidate or officeholder resides, the city
7-39     in which the candidate's, officeholder's, or committee's campaign
7-40     headquarters are located, or the city in which the office the
7-41     candidate or officeholder seeks or holds is located; or
7-42                       (B)  if the person filing the report is a
7-43     political committee other than a political committee described by
7-44     Paragraph (A), any city.
7-45           (h)  A report filed in a manner other than the manner
7-46     prescribed by Subsection (a)(1) or (2) is not considered to have
7-47     been filed in violation of Subsections (a)(1) and (2) if the report
7-48     is received by the authority with whom it is required to be filed
7-49     before the applicable deadline.
7-50           SECTION 16.  Section 254.038, Election Code, is amended to
7-51     read as follows:
7-52           Sec. 254.038.  ADDITIONAL REPORTS [TELEGRAM REPORT] BY
7-53     CERTAIN [CANDIDATES AND] POLITICAL COMMITTEES.  (a)  In addition to
7-54     other reports required by this chapter, the following persons shall
7-55     file additional reports during the period beginning the ninth day
7-56     before election day and ending at 12 noon on the second day before
7-57     election day:
7-58                 (1)  the principal political committee of a candidate
7-59     for statewide office who has an opponent whose name is to appear on
7-60     the ballot and who accepts political contributions from a person
7-61     that in the aggregate exceed $1,000 during that reporting period;
7-62                 (2)  the principal political committee of a candidate
7-63     for state senator who has an opponent whose name is to appear on
7-64     the ballot and who accepts political contributions from a person
7-65     that in the aggregate exceed $1,000 during that reporting period;
7-66                 (3)  the principal political committee of [(2)]  a
7-67     candidate for state representative who has an opponent whose name
7-68     is to appear on the ballot and who accepts political contributions
7-69     from a person that in the aggregate exceed $200 during that
 8-1     reporting period;
 8-2                 (4)  a general-purpose committee that accepts political
 8-3     contributions from a person that in the aggregate exceed $5,000
 8-4     during the reporting period; and
 8-5                 (5)  a principal political committee of a candidate or
 8-6     officeholder or a specific-purpose committee that is required to
 8-7     file reports with the commission under this chapter and that
 8-8     accepts political contributions from a person that in the aggregate
 8-9     exceed $5,000 during that reporting period, other than:
8-10                       (A)  a political committee listed in Subdivisions
8-11     (1)-(3);
8-12                       (B)  a principal political committee required to
8-13     file reports with the commission in connection with an office
8-14     described by Section 252.005(5); or
8-15                       (C)  a specific-purpose committee required to
8-16     file reports with the commission in connection with a measure
8-17     described by Section 252.007(5) [(3)  a specific-purpose committee
8-18     for supporting or opposing a candidate for state senator and that
8-19     accepts political contributions from a person that in the aggregate
8-20     exceed $1,000 during that reporting period; and]
8-21                 [(4)  a specific-purpose committee for supporting or
8-22     opposing a candidate for state representative and that accepts
8-23     political contributions from a person that in the aggregate exceed
8-24     $200 during that reporting period].
8-25           (b)  Each report required by this section must include the
8-26     amount of the political contributions specified by Subsection (a),
8-27     the full name and address of the person making the contributions,
8-28     and the dates of the contributions.
8-29           (c)  A report under this section shall be filed by telegram
8-30     or telephonic facsimile machine or by hand with the commission not
8-31     later than 48 hours after the contribution is accepted.
8-32           (d)  Section 254.036 does not apply to a report required by
8-33     this section.
8-34           SECTION 17.  Subchapter B, Chapter 254, Election Code, is
8-35     amended by adding Section 254.0381 to read as follows:
8-36           Sec. 254.0381.  ADDITIONAL REPORTS OF CERTAIN DIRECT CAMPAIGN
8-37     EXPENDITURES.  (a)  In addition to other reports required by this
8-38     chapter, a person other than the principal political committee of
8-39     the state executive committee or a county executive committee of a
8-40     political party that makes direct campaign expenditures that in the
8-41     aggregate exceed $5,000 for the purpose of supporting or opposing
8-42     one or more candidates covered by Section 251.010 during the period
8-43     beginning the ninth day before election day and ending at 12 noon
8-44     on the second day before election day shall file a report.
8-45           (b)  Each report required by this section must include the
8-46     amount and purpose of the direct campaign expenditure, the full
8-47     name, address, and principal occupation of the person making the
8-48     expenditure, the full name and address of the person to whom the
8-49     expenditure is made, the name of each candidate whom the
8-50     expenditure supports or opposes and, as to each candidate, an
8-51     indication of whether the expenditure supports or opposes the
8-52     candidate, and the date of the expenditure.
8-53           (c)  A report filed under this section shall be filed
8-54     electronically or by telephonic facsimile machine or overnight mail
8-55     not later than 24 hours after the expenditure is made.
8-56           (d)  A direct campaign expenditure made by a political
8-57     committee or other association that consists only of costs incurred
8-58     in contacting the committee's or association's dues-paying
8-59     membership may be made without the report required by Subsection
8-60     (a).
8-61           (e)  This section does not apply to a political expenditure
8-62     made by a candidate's principal political committee in connection
8-63     with the candidate's campaign.
8-64           (f)  Section 254.036 does not apply to a report required by
8-65     this section.
8-66           SECTION 18.  Section 254.039, Election Code, is amended by
8-67     amending Subsection (c) and adding Subsection (d) to read as
8-68     follows:
8-69           (c)  A general-purpose committee that is required to file a
 9-1     report under Section 254.0381 is not required to file a report
 9-2     under this section.
 9-3           (d)  Section 254.036 does not apply to a report required by
 9-4     this section.
 9-5           SECTION 19.  Section 254.0391(a), Election Code, is amended
 9-6     to read as follows:
 9-7           (a)  The principal political committee of a [A] statewide
 9-8     officeholder, a member of the legislature, [or a specific-purpose
 9-9     committee for supporting, opposing, or assisting a statewide
9-10     officeholder or member of the legislature,] or a candidate for
9-11     statewide office or the legislature or a specific-purpose committee
9-12     for supporting or opposing a candidate for statewide office or the
9-13     legislature or for assisting a statewide officeholder or a member
9-14     of the legislature [the candidate,] that accepts a political
9-15     contribution during the period beginning on the date the governor
9-16     signs the proclamation calling a special legislative session and
9-17     continuing through the date of final adjournment shall report the
9-18     contribution to the commission not later than the 30th day after
9-19     the date of final adjournment.
9-20           SECTION 20.  Section 254.042(a), Election Code, is amended to
9-21     read as follows:
9-22           (a)  The commission shall determine from any available
9-23     evidence whether a report, other than a [telegram] report under
9-24     Section 254.038 [or 254.039], required to be filed with the
9-25     commission under this  chapter is late.  On making that
9-26     determination, the commission shall immediately mail a notice of
9-27     the determination to the person required to file the report.
9-28           SECTION 21.  Subchapter C, Chapter 254, Election Code, is
9-29     amended to read as follows:
9-30            SUBCHAPTER C.  REPORTING BY CANDIDATE OR OFFICEHOLDER
9-31           Sec. 254.061.  ADDITIONAL CONTENTS OF REPORTS.  (a)  In
9-32     addition to the contents required by Section 254.031, each report
9-33     by a candidate or officeholder must include:
9-34                 (1)  the candidate's or officeholder's full name and
9-35     address, the office sought or held, and the identity and date of
9-36     the election for which the report is filed, if applicable;
9-37                 (2)  the campaign treasurer's name, residence or
9-38     business street address, and telephone number;
9-39                 (3)  for each political committee from which the
9-40     candidate or officeholder received notice under Section 254.128 or
9-41     254.161:
9-42                       (A)  the committee's full name and address;
9-43                       (B)  an indication of whether the committee is a
9-44     general-purpose committee or a specific-purpose committee; [and]
9-45                       (C)  the full name and address of the committee's
9-46     campaign treasurer; and
9-47                       (D)  if applicable, a notation that the candidate
9-48     or officeholder or an agent of the candidate or officeholder did
9-49     not solicit the political contribution or political expenditure
9-50     from the committee;
9-51                 (4)  the full name and address of each individual
9-52     acting as a campaign treasurer of a political committee under
9-53     Section 253.062 from whom the candidate or officeholder received
9-54     notice under Section 254.128 or 254.161; [and]
9-55                 (5)  on a separate page or pages of the report, the
9-56     identification of any payment from political contributions made to
9-57     a business in which the candidate or officeholder has a
9-58     participating interest of more than 10 percent, holds a position on
9-59     the governing body of the business, or serves as an officer of the
9-60     business; and
9-61                 (6)  the name of any person who made an offer of money
9-62     to the candidate or officeholder during the reporting period with
9-63     the intent that it be used in connection with the candidate's
9-64     campaign or to defray officeholder expenses that are not
9-65     reimbursable with public money if the offer was accepted and:
9-66                       (A)  the offer is for $1,000 or more;
9-67                       (B)  the candidate or officeholder has reason to
9-68     believe the offer is for $1,000 or more; or
9-69                       (C)  the offer is to cover 10 percent or more of
 10-1    the total anticipated costs of the candidate's campaign.
 10-2          (b)  The report filed not later than January 15 of each
 10-3    odd-numbered year must also include the name of each person who
 10-4    made an offer of money to the candidate or officeholder with the
 10-5    intent that it be used in connection with the candidate's campaign
 10-6    or to defray officeholder expenses that are not reimbursable with
 10-7    public money, if the offer was accepted and the offered money was
 10-8    not received by the candidate or officeholder, and the amount of
 10-9    the offer.  The information required by this subsection is for the
10-10    period beginning January 1 of the preceding odd-numbered year or
10-11    the date the candidate's campaign treasurer appointment is filed,
10-12    as applicable, and continuing through December 31 of the preceding
10-13    even-numbered year.
10-14          Sec. 254.0611.  ADDITIONAL CONTENTS OF REPORTS BY CERTAIN
10-15    JUDICIAL CANDIDATES AND OFFICEHOLDERS.  (a)  In addition to the
10-16    contents required by Sections 254.031 and 254.061, each report by a
10-17    candidate for or holder of a judicial office covered by Subchapter
10-18    F, Chapter 253, must include:
10-19                (1)  the total amount of political contributions,
10-20    including interest or other income, maintained in one or more
10-21    accounts in which political contributions are deposited as of the
10-22    last day of the reporting period;
10-23                (2)  for each individual from whom the person filing
10-24    the report has accepted political contributions that in the
10-25    aggregate exceed $50 and that are accepted during the reporting
10-26    period:
10-27                      (A)  the principal occupation and job title of
10-28    the individual and the full name of the employer of the individual
10-29    or of the law firm of which the individual or the individual's
10-30    spouse is a member, if any; or
10-31                      (B)  if the individual is a child, the full name
10-32    of the law firm of which either of the individual's parents is a
10-33    member, if any;
10-34                (3)  a specific listing of each asset valued at $500 or
10-35    more that was purchased with political contributions and on hand as
10-36    of the last day of the reporting period;
10-37                (4)  for each political contribution accepted by the
10-38    person filing the report but not received as of the last day of the
10-39    reporting period:
10-40                      (A)  the full name and address of the person
10-41    making the contribution;
10-42                      (B)  the amount of the contribution; and
10-43                      (C)  the date of the contribution; and
10-44                (5)  for each outstanding loan to the person filing the
10-45    report as of the last day of the reporting period:
10-46                      (A)  the full name and address of the person or
10-47    financial institution making the loan; and
10-48                      (B)  the full name and address of each guarantor
10-49    of the loan other than the candidate or officeholder.
10-50          (b)  In this section:
10-51                (1)  "Child" has the meaning assigned by Section
10-52    253.158.
10-53                (2)  "Law firm" and "member" have the meanings assigned
10-54    by Section 253.157.
10-55          Sec. 254.062.  REPORTS BY PRINCIPAL POLITICAL COMMITTEE OF
10-56    EXECUTIVE OR LEGISLATIVE CANDIDATE; ADDITIONAL CONTENTS.  (a)  The
10-57    principal political committee of a candidate for an office covered
10-58    by Section 251.010 shall comply with this chapter as if the
10-59    committee were a candidate or officeholder, and the candidate or
10-60    officeholder is not required to file separate reports.
10-61          (b)  In addition to the contents required by Sections 254.031
10-62    and 254.061, each report by the principal political committee of a
10-63    candidate for an office covered by Section 251.010 must include for
10-64    each political expenditure made by the candidate from the
10-65    candidate's personal funds or other assets, the information
10-66    required by Section 254.031(a)(3).
10-67          (c)  In this section, "principal political committee of a
10-68    candidate" means a specific-purpose committee established under
10-69    Section 251.010 for supporting a candidate.  [CERTAIN OFFICEHOLDER
 11-1    ACTIVITY INCLUDED.  If an officeholder who becomes a candidate has
 11-2    reportable activity that is not reported under Subchapter D before
 11-3    the end of the period covered by the first report the candidate is
 11-4    required to file under this subchapter, the reportable activity
 11-5    shall be included in the first report filed under this subchapter
 11-6    instead of in a report filed under Subchapter D.]
 11-7          Sec. 254.063.  SEMIANNUAL REPORTING SCHEDULE FOR CANDIDATE OR
 11-8    OFFICEHOLDER.  (a)  A candidate or officeholder shall file two
 11-9    reports for each year as provided by this section.
11-10          (b)  The first report shall be filed not later than July 15.
11-11    The report covers the period beginning January 1, the day the
11-12    person's [candidate's] campaign treasurer appointment is filed, or
11-13    the first day after the period covered by the last report required
11-14    to be filed under this subchapter, as applicable, and continuing
11-15    through June 30.
11-16          (c)  The second report shall be filed not later than January
11-17    15.  The report covers the period beginning July 1, the day the
11-18    person's [candidate's] campaign treasurer appointment is filed, or
11-19    the first day after the period covered by the last report required
11-20    to be filed under this subchapter, as applicable, and continuing
11-21    through December 31.
11-22          Sec. 254.064.  ADDITIONAL REPORTS OF OPPOSED CANDIDATE.  (a)
11-23    In addition to other required reports, for each election in which a
11-24    person is a candidate and has an opponent whose name is to appear
11-25    on the ballot, the person shall file two reports.
11-26          (b)  The first report shall be filed not later than the 30th
11-27    day before election day.  The report covers the period beginning
11-28    the day the candidate's campaign treasurer appointment is filed or
11-29    the first day after the period covered by the last report required
11-30    to be filed under this chapter, as applicable, and continuing
11-31    through the 40th day before election day.
11-32          (c)  The second report shall be filed not later than the
11-33    eighth day before election day.  The report covers the period
11-34    beginning the 39th day before election day and continuing through
11-35    the 10th day before election day.
11-36          (d)  If a person becomes an opposed candidate after a
11-37    reporting period prescribed by Subsection (b) or (c), the person
11-38    shall file the person's first report not later than the regular
11-39    deadline for the report covering the period during which the person
11-40    becomes an opposed candidate.  The period covered by the first
11-41    report begins the day the candidate's campaign treasurer
11-42    appointment is filed.
11-43          (e)  In addition to other required reports, an opposed
11-44    candidate in a runoff election shall file one report for that
11-45    election.  The runoff election report shall be filed not later than
11-46    the eighth day before runoff election day.  The report covers the
11-47    period beginning the ninth day before the date of the main election
11-48    and continuing through the 10th day before runoff election day.
11-49          Sec. 254.065.  FINAL REPORT.  (a)  If a candidate or
11-50    officeholder expects no reportable activity in connection with the
11-51    candidacy or office to occur after the period covered by a report
11-52    filed under this  subchapter, the person [candidate] may designate
11-53    the report as a "final" report.
11-54          (b)  The designation of a report as a final report:
11-55                (1)  relieves the person [candidate] of the duty to
11-56    file additional reports under this subchapter, except as provided
11-57    by Subsection (c); and
11-58                (2)  terminates the person's [candidate's] campaign
11-59    treasurer appointment.
11-60          (c)  If, after a candidate's or officeholder's final report
11-61    is filed, reportable activity with respect to the candidacy or
11-62    office occurs, the person [candidate] shall file the appropriate
11-63    reports under this subchapter and is otherwise subject to the
11-64    provisions of this title applicable to candidates and
11-65    officeholders.  A report filed under this subsection may be
11-66    designated as a final report.
11-67          Sec. 254.066.  AUTHORITY WITH WHOM REPORTS FILED.  Reports
11-68    under this subchapter shall be filed with the authority with whom
11-69    the person's [candidate's] campaign treasurer appointment is
 12-1    required to be filed.
 12-2          SECTION 22.  Section 254.121, Election Code, is amended to
 12-3    read as follows:
 12-4          Sec. 254.121.  ADDITIONAL CONTENTS OF REPORTS.  (a)  In
 12-5    addition to the contents required by Section 254.031, each report
 12-6    by a campaign treasurer of a specific-purpose committee must
 12-7    include:
 12-8                (1)  the committee's full name and address;
 12-9                (2)  the full name, residence or business street
12-10    address, and telephone number of the committee's campaign
12-11    treasurer;
12-12                (3)  the identity and date of the election for which
12-13    the report is filed, if applicable;
12-14                (4)  the name of each candidate and each measure
12-15    supported or opposed by the committee, indicating for each whether
12-16    the committee supports or opposes;
12-17                (5)  the name of each officeholder assisted by the
12-18    committee;
12-19                (6)  the amount of each political expenditure in the
12-20    form of a political contribution that is made to a candidate,
12-21    officeholder, or another political committee and that is returned
12-22    to the committee during the reporting period, the name of the
12-23    person to whom the expenditure was originally made, and the date it
12-24    is returned;
12-25                (7)  on a separate page or pages of the report, the
12-26    identification of any payment from political contributions made to
12-27    a business in which the candidate or officeholder has a
12-28    participating interest of more than 10 percent, holds a position on
12-29    the governing body of the business, or serves as an officer of the
12-30    business; [and]
12-31                (8)  on a separate page or pages of the report, the
12-32    identification of any contribution from a corporation or labor
12-33    organization made and accepted under Subchapter D, Chapter 253; and
12-34                (9)  the name of any person who made an offer of money
12-35    to the committee during the reporting period with the intent that
12-36    it be used in connection with a campaign for elective office or on
12-37    a measure, or to defray officeholder expenses that are not
12-38    reimbursable with public money, if the offer was accepted and:
12-39                      (A)  the offer is for $1,000 or more;
12-40                      (B)  the campaign treasurer has reason to believe
12-41    the offer is for $1,000 or more; or
12-42                      (C)  the offer is to cover 10 percent or more of
12-43    the total anticipated costs of the campaign:
12-44                            (i)  of a specific candidate supported by
12-45    the committee; or
12-46                            (ii)  concerning a specific measure
12-47    supported or opposed by the committee.
12-48          (b)  The report filed not later than January 15 of each
12-49    odd-numbered year must also include the name of each person who
12-50    made an offer of money to the committee with the intent that it be
12-51    used in connection with a campaign for elective office or on a
12-52    measure, or to defray officeholder expenses that are not
12-53    reimbursable with public money, if the offer was accepted and the
12-54    offered money was not received by the committee, and the amount of
12-55    the offer.  The information required by this subsection is for the
12-56    period beginning January 1 of the preceding odd-numbered year or
12-57    the date the committee's campaign treasurer appointment is filed,
12-58    as applicable, and continuing through December 31 of the preceding
12-59    even-numbered year.
12-60          SECTION 23.  Section 254.126(a), Election Code, is amended to
12-61    read as follows:
12-62          (a)  If a specific-purpose committee for assisting only
12-63    officeholders [an officeholder] expects no reportable activity to
12-64    occur after the period covered by a report filed under this
12-65    subchapter, the committee's campaign treasurer may designate the
12-66    report as a "dissolution" report.
12-67          SECTION 24.  Subchapter E, Chapter 254, Election Code, is
12-68    amended by adding Section 254.1281 to read as follows:
12-69          Sec. 254.1281.  NOTICE TO CANDIDATE AND OFFICEHOLDER RELATING
 13-1    TO IN-KIND CONTRIBUTION.  (a)  If a specific-purpose committee
 13-2    makes an in-kind political contribution to a candidate or
 13-3    officeholder, the committee's campaign treasurer shall deliver
 13-4    written notice of the amount of the contribution to the affected
 13-5    candidate or officeholder not later than the end of the period
 13-6    covered by the report in which the reportable activity occurs.
 13-7          (b)  The notice must include the full name and address of the
 13-8    political committee and its campaign treasurer and an indication
 13-9    that the committee is a specific-purpose committee.
13-10          SECTION 25.  Section 254.151, Election Code, is amended to
13-11    read as follows:
13-12          Sec. 254.151.  ADDITIONAL CONTENTS OF REPORTS.  In addition
13-13    to the contents required by Section 254.031, each report by a
13-14    campaign treasurer of a general-purpose committee must include:
13-15                (1)  the committee's full name and address;
13-16                (2)  the full name, residence or business street
13-17    address, and telephone number of the committee's campaign
13-18    treasurer;
13-19                (3)  the identity and date of the election for which
13-20    the report is filed, if applicable;
13-21                (4)  the name of each identified candidate or measure
13-22    or classification by party of candidates supported or opposed by
13-23    the committee, indicating whether the committee supports or opposes
13-24    each listed candidate, measure, or classification by party of
13-25    candidates;
13-26                (5)  the name of each identified officeholder or
13-27    classification by party of officeholders assisted by the committee;
13-28                (6)  [the principal occupation of each person from whom
13-29    political contributions that in the aggregate exceed $50 are
13-30    accepted during the reporting period;]
13-31                [(7)]  the amount of each political expenditure in the
13-32    form of a political contribution made to [a candidate,
13-33    officeholder, or] another political committee that is returned to
13-34    the committee during the reporting period, the name of the
13-35    committee [person] to whom the expenditure was originally made, and
13-36    the date it is returned;
13-37                (7)  the amount of expenditures by a corporation or
13-38    labor organization under Section 253.100 that in the aggregate
13-39    exceed $100 and that are made to the committee during the reporting
13-40    period by the committee, the full name and address of the
13-41    corporation or labor organization making the expenditures, and the
13-42    dates of the expenditures; and
13-43                (8)  on a separate page or pages of the report, the
13-44    identification of any contribution from a corporation or labor
13-45    organization made and accepted under Subchapter D, Chapter 253,
13-46    other than a contribution in the form of an expenditure reported
13-47    under Subdivision (7).
13-48          SECTION 26.  Subchapter F, Chapter 254, Election Code, is
13-49    amended by adding Section 254.1611 to read as follows:
13-50          Sec. 254.1611.  NOTICE TO CANDIDATE AND OFFICEHOLDER RELATING
13-51    TO IN-KIND CONTRIBUTION.  If a general-purpose committee makes an
13-52    in-kind political contribution to a candidate or officeholder,
13-53    notice of the amount of the contribution shall be delivered to the
13-54    affected candidate or officeholder as provided by Section 254.1281
13-55    for a specific-purpose committee.
13-56          SECTION 27.  Section 254.201, Election Code, is amended to
13-57    read as follows:
13-58          Sec. 254.201.  ANNUAL REPORT OF UNEXPENDED CONTRIBUTIONS.  A
13-59    [(a)  This section applies to:]
13-60                [(1)  a] former officeholder or a person who was an
13-61    unsuccessful candidate who has unexpended political contributions
13-62    after filing the last report required to be filed by Subchapter C
13-63    [D; or]
13-64                [(2)  a person who was an unsuccessful candidate who
13-65    has unexpended political contributions after filing the last report
13-66    required to be filed by Subchapter C.]
13-67          [(b)  A person covered by this section] shall file an annual
13-68    report for each year in which the person retains unexpended
13-69    contributions.
 14-1          SECTION 28.  Section 254.203(a), Election Code, is amended to
 14-2    read as follows:
 14-3          (a)  A person may not retain political contributions covered
 14-4    by this title, assets purchased with the contributions, or interest
 14-5    and other income earned on the contributions for more than six
 14-6    years after the date the person either ceases to be an officeholder
 14-7    or candidate or the person's principal political committee files a
 14-8    final report under this chapter, whichever is later.
 14-9          SECTION 29.  Section 254.204(a), Election Code, is amended to
14-10    read as follows:
14-11          (a)  At the end of the six-year period prescribed by Section
14-12    254.203, the former officeholder or candidate shall remit any
14-13    unexpended political contributions to one or more of the following:
14-14                (1)  the political party with which the person was
14-15    affiliated or aligned when the person's name last appeared on a
14-16    ballot;
14-17                (2)  a candidate or political committee;
14-18                (3)  the comptroller [of public accounts] for deposit
14-19    in the state treasury [State Treasury];
14-20                (4)  one or more persons from whom political
14-21    contributions were received, in accordance with Subsection (d);
14-22                (5)  a recognized tax-exempt, charitable organization
14-23    formed for educational, religious, or scientific purposes; or
14-24                (6)  a public or private postsecondary educational
14-25    institution or an institution of higher education as defined by
14-26    Section 61.003(8), Education Code, solely for the purpose of
14-27    assisting or creating a scholarship program.
14-28          SECTION 30.  Section 255.001(b), Election Code, is amended to
14-29    read as follows:
14-30          (b)  This section does not apply to:
14-31                (1)  tickets or invitations to political fund-raising
14-32    events;
14-33                (2)  [or to] campaign buttons, pins, hats, or similar
14-34    campaign materials; or
14-35                (3)  a political site on the Internet that is
14-36    maintained by a political party, if each page that is part of the
14-37    site contains a statement that:
14-38                      (A)  indicates that the site is political
14-39    advertising;
14-40                      (B)  contains the party's name and address; and
14-41                      (C)  contains the name of a person at the party
14-42    who can be contacted for information.
14-43          SECTION 31.  The following provisions of the Election Code
14-44    are repealed:
14-45                (1)  Sections 253.036 and 253.100(d); and
14-46                (2)  Subchapter D, Chapter 254.
14-47          SECTION 32.  This Act takes effect January 1, 2000.
14-48          SECTION 33.  (a)  Not later than January 15, 2000, each
14-49    person who on January 1, 2000, is a candidate, as that term is
14-50    defined by Section 251.001, Election Code, or an officeholder
14-51    covered by Section 251.010, Election Code, as added by this Act,
14-52    shall designate a principal political committee as required by
14-53    Section 251.010, Election Code, as added by this Act.
14-54          (b)  Not later than the 15th day after the date a candidate
14-55    or officeholder designates a principal political committee as
14-56    required by Subsection (a) of this section, the person shall
14-57    transfer to the committee each asset that the person holds in the
14-58    person's capacity as a candidate or officeholder.
14-59          (c)  Not later than the 15th day after the date a candidate
14-60    or officeholder designates a principal political committee as
14-61    required by Subsection (a) of this section, the committee shall
14-62    assume each liability of the person in the person's capacity as a
14-63    candidate or officeholder.
14-64          SECTION 34.  Chapter 254, Election Code, as amended by this
14-65    Act, applies only to a report under that chapter that covers a
14-66    reporting period beginning on or after January 1, 2000.  A report
14-67    under Chapter 254, Election Code, that covers a reporting period
14-68    that begins before January 1, 2000, is covered by the law in
14-69    existence on the date the reporting period began, and the former
 15-1    law is continued in effect for that purpose.
 15-2          SECTION 35.  The importance of this legislation and the
 15-3    crowded condition of the calendars in both houses create an
 15-4    emergency and an imperative public necessity that the
 15-5    constitutional rule requiring bills to be read on three several
 15-6    days in each house be suspended, and this rule is hereby suspended.
 15-7                                 * * * * *