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A BILL TO BE ENTITLED
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AN ACT
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relating to the reporting of political contributions from |
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corporations or labor organizations by certain political parties. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 257.003, Election Code, is amended by |
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amending Subsection (a) and adding Subsection (e) to read as |
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follows: |
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(a) A political party that accepts contributions authorized |
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by Section 253.104 shall report all contributions and expenditures |
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made to and from the account required by Section 257.002, except as |
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provided by Subsection (e). |
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(e) A county executive committee of a political party is not |
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required to file a report under this section if the committee: |
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(1) has less than $250 in one or more accounts |
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maintained by the committee in which contributions authorized by |
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Section 253.104 are deposited, as of the last day of the preceding |
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reporting period; |
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(2) has not accepted any contributions authorized by |
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Section 253.104 during the reporting period to be covered by the |
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report; and |
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(3) has not made an expenditure from contributions |
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authorized by Section 253.104 during the reporting period to be |
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covered by the report. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2013. |