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A BILL TO BE ENTITLED
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AN ACT
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relating to political expenditures made by a corporation to finance |
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the establishment and administration of a political committee. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 253.100, Election Code, is amended by |
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amending Subsection (a) and adding Subsection (d) to read as |
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follows: |
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(a) A corporation, acting alone or with one or more other |
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corporations, may make one or more political expenditures to |
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finance the establishment or administration of a general-purpose |
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committee. In addition to any other expenditure that is considered |
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permissible under this section, permissible expenditures include |
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an expenditure: |
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(1) for the maintenance and operation of a |
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general-purpose committee, such as: |
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(A) rent; |
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(B) office equipment; |
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(C) utilities; or |
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(D) secretarial or clerical assistance and |
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professional services necessary for the proper administrative |
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operation of the committee; and |
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(2) to support the regular functions of the committee, |
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including conducting committee meetings to make decisions relating |
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to the committee's support, recording committee decisions, |
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communicating committee decisions to contributors to the |
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committee, and preparing and delivering committee contributions. |
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(d) In issuing an advisory opinion under Subchapter D, |
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Chapter 571, Government Code, on the question of whether a |
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political expenditure is for the establishment or administration of |
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a general-purpose committee, the commission may consider relevant |
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federal election laws and opinions for guidance. |
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SECTION 2. This Act takes effect September 1, 2007. |