By Averitt H.B. No. 1880 76R6842 ESH-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to certain expenditures by corporations and labor 1-3 organizations for appearances by candidates for public office. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter D, Chapter 253, Election Code, is 1-6 amended by adding Section 253.105 to read as follows: 1-7 Sec. 253.105. EXPENDITURE FOR APPEARANCE BY CANDIDATE. (a) 1-8 A corporation or labor organization may make one or more direct 1-9 campaign expenditures from its own property for the purpose of 1-10 permitting a candidate to appear at and speak to a meeting of its 1-11 stockholders or members, as applicable, or of the families of its 1-12 stockholders or members. 1-13 (b) An expenditure under this section is not reportable 1-14 under Chapter 254. 1-15 SECTION 2. This Act takes effect September 1, 1999. 1-16 SECTION 3. Section 253.105, Election Code, as added by this 1-17 Act, applies only to the appearance of a candidate at a meeting of 1-18 the stockholders or members of a corporation or labor organization 1-19 or of the families of stockholders or members of a corporation or 1-20 labor organization that is made on or after September 1, 1999. The 1-21 appearance of a candidate at a meeting of the stockholders or 1-22 members of a corporation or labor organization or of the families 1-23 of stockholders or members of a corporation or labor organization 1-24 that is made before September 1, 1999, is governed by the law in 2-1 effect at the time the appearance was made, and the former law is 2-2 continued in effect for that purpose. 2-3 SECTION 4. The importance of this legislation and the 2-4 crowded condition of the calendars in both houses create an 2-5 emergency and an imperative public necessity that the 2-6 constitutional rule requiring bills to be read on three several 2-7 days in each house be suspended, and this rule is hereby suspended.