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A BILL TO BE ENTITLED
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AN ACT
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relating to the reporting requirements for a person who makes |
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direct campaign expenditures. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. The heading to Section 254.261, Election Code, |
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is amended to read as follows: |
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Sec. 254.261. DIRECT CAMPAIGN EXPENDITURE EXCEEDING $1,000 |
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[$100]. |
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SECTION 2. Section 254.261(a), Election Code, is amended to |
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read as follows: |
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(a) A person not acting in concert with another person who |
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makes one or more direct campaign expenditures in an election from |
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the person's own property that exceed $1,000 shall comply with this |
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chapter as if the person were the campaign treasurer of a |
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general-purpose committee that does not file monthly reports under |
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Section 254.155. |
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SECTION 3. Section 254.261(a), Election Code, as amended by |
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this Act, applies to the reporting of a contribution or expenditure |
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made on or after the effective date of this Act. A contribution or |
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expenditure made before the effective date of this Act is governed |
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by the law in effect when the contribution or expenditure was made, |
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and the former law is continued in effect for that purpose. |
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SECTION 4. This Act takes effect September 1, 2015. |