By Farabee                                            H.B. No. 2494
         76R8640 ESH-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the reporting of political expenditures.
 1-3           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-4           SECTION 1.  Section 254.031, Election Code, is amended to
 1-5     read as follows:
 1-6           Sec. 254.031.  GENERAL CONTENTS OF REPORTS.  (a)  Except as
 1-7     otherwise provided by this chapter, each report filed under this
 1-8     chapter must include:
 1-9                 (1)  the amount of political contributions from each
1-10     person that in the aggregate exceed $50 and that are accepted
1-11     during the reporting period by the person or committee required to
1-12     file a report under this chapter, the full name and address of the
1-13     person making the contributions, and the dates of the
1-14     contributions;
1-15                 (2)  the amount of loans that are made during the
1-16     reporting period for campaign or officeholder purposes to the
1-17     person or committee required to file the report and that in the
1-18     aggregate exceed $50, the dates the loans are made, the interest
1-19     rate, the maturity date, the type of collateral for the loans, if
1-20     any, the full name and address of the person or financial
1-21     institution making the loans, the full name and address, principal
1-22     occupation, and name of the employer of each guarantor of the
1-23     loans, the amount of the loans guaranteed by each guarantor, and
1-24     the aggregate principal amount of all outstanding loans as of the
 2-1     last day of the reporting period;
 2-2                 (3)  the amount of political expenditures in the form
 2-3     of political contributions to candidates, officeholders, and
 2-4     political committees that in the aggregate exceed $50 and that are
 2-5     made during the reporting period, the full name and address of the
 2-6     candidates, officeholders, and political committees [persons] to
 2-7     whom the contributions [expenditures] are made, [and] the dates of
 2-8     the contributions, and as applicable:
 2-9                       (A)  the office sought or held by the candidate
2-10     or officeholder to whom the contribution relates;
2-11                       (B)  an identification of each measure supported
2-12     or opposed; or
2-13                       (C)  a statement that the recipient of the
2-14     contribution is a general-purpose committee [and purposes of the
2-15     expenditures];
2-16                 (4)  the amount of direct campaign expenditures that in
2-17     the aggregate exceed $50 and that are made during the reporting
2-18     period, the full name and address of the persons to whom the
2-19     expenditures are made, the dates and purposes of the expenditures,
2-20     and as applicable:
2-21                       (A)  the name of each candidate or officeholder
2-22     whom the expenditure benefits and the office sought or held; or
2-23                       (B)  an identification of each measure in support
2-24     of or opposition to for which the expenditures are made;
2-25                 (5)  the amount of political expenditures, other than
2-26     political contributions to candidates, officeholders, and political
2-27     committees and direct campaign expenditures, that in the aggregate
 3-1     exceed $50 and that are made during the reporting period, the full
 3-2     name and address of the persons to whom the expenditures are made,
 3-3     and the dates and purposes of the expenditures;
 3-4                 (6)  the amount of each payment made during the
 3-5     reporting period from a political contribution if the payment is
 3-6     not a political expenditure, the full name and address of the
 3-7     person to whom the payment is made, and the date and purpose of the
 3-8     payment;
 3-9                 (7) [(5)]  the total amount or a specific listing of
3-10     the political contributions of $50 or less accepted during the
3-11     reporting period;
3-12                 (8)  [and] the total amount or a specific listing of
3-13     the political expenditures in the form of political contributions
3-14     to candidates, officeholders, and political committees of $50 or
3-15     less made during the reporting period;
3-16                 (9)  the total amount or a specific listing of the
3-17     direct campaign expenditures of $50 or less made during the
3-18     reporting period;
3-19                 (10)  the total amount or a specific listing of the
3-20     political expenditures, other than political contributions to
3-21     candidates, officeholders, and political committees and direct
3-22     campaign expenditures, of $50 or less made during the reporting
3-23     period; and
3-24                 (11) [(6)]  the total amount of all political
3-25     contributions accepted and the total amount of all political
3-26     expenditures made during the reporting period[; and]
3-27                 [(7)  the name of each candidate or officeholder who
 4-1     benefits from a direct campaign expenditure made during the
 4-2     reporting period by the person or committee required to file the
 4-3     report, and the office sought or held, excluding a direct campaign
 4-4     expenditure that is made by the principal political committee of a
 4-5     political party on behalf of a slate of two or more nominees of
 4-6     that party].
 4-7           (b)  Subsection (a)(4)(A) does not apply to a direct campaign
 4-8     expenditure that is made by the principal political committee of a
 4-9     political party on behalf of a slate of three or more nominees of
4-10     that party, if the expenditure is for printed materials or
4-11     political advertising published in a newspaper, magazine, or other
4-12     printed medium.
4-13           (c)  If no reportable activity occurs during a reporting
4-14     period, the person required to file a report shall indicate that
4-15     fact in the report.
4-16           SECTION 2.  This Act takes effect September 1, 1999.
4-17           SECTION 3.  Section 254.031, Election Code, as amended by
4-18     this Act, applies only to a report required to be filed under
4-19     Chapter 254, Election Code, on or after September 1, 1999.  A
4-20     report required to be filed under Chapter 254, Election Code,
4-21     before September 1, 1999, is governed by the law in effect at the
4-22     time the report was required to be filed, and the former law is
4-23     continued in effect for that purpose.
4-24           SECTION 4.  The importance of this legislation and the
4-25     crowded condition of the calendars in both houses create an
4-26     emergency and an imperative public necessity that the
4-27     constitutional rule requiring bills to be read on three several
 5-1     days in each house be suspended, and this rule is hereby suspended.