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A BILL TO BE ENTITLED
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AN ACT
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relating to the applicability of restrictions on corporate |
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political contributions and expenditures to corporations organized |
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under provisions of the Business Organizations Code. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 253.091, Election Code, is amended to |
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read as follows: |
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Sec. 253.091. CORPORATIONS COVERED. This subchapter |
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applies only to corporations that are organized under the Texas |
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Business Corporation Act, the Texas For-Profit Corporation Law, the |
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Texas Non-Profit Corporation Act, the Texas Nonprofit Corporation |
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Law, federal law, or law of another state or nation. |
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SECTION 2. This Act takes effect September 1, 2007. |