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A BILL TO BE ENTITLED
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AN ACT
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relating to the duties of nonprofit corporations regarding certain |
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contributions and the disclosure of information relating to those |
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contributions in certain campaign finance reports. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. The heading to Subchapter B, Chapter 22, |
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Business Organizations Code, is amended to read as follows: |
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SUBCHAPTER B. PURPOSES, [AND] POWERS, AND DUTIES |
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SECTION 2. Subchapter B, Chapter 22, Business Organizations |
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Code, is amended by adding Section 22.057 to read as follows: |
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Sec. 22.057. RESTRICTED USE OF CERTAIN CONTRIBUTIONS TO |
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CORPORATIONS. (a) In this section, "contribution," "political |
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contribution," and "political expenditure" have the meanings |
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assigned by Section 251.001, Election Code. |
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(b) A corporation may not make a political contribution or |
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political expenditure from a contribution made to the corporation |
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by a person who informs the corporation at the time that the person |
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makes the contribution that the person does not want the |
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contribution to be used by the corporation to make a political |
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contribution or political expenditure. |
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(c) A corporation that is required to file a report under |
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Chapter 254, Election Code, and that solicits contributions by |
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written request or on an Internet website must include in the |
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request or on the website: |
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(1) a statement that a person who contributes to the |
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corporation may opt out of allowing the corporation to use the |
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person's contribution to make a political contribution or political |
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expenditure; and |
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(2) a box to check or a statement to sign by a person |
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making a contribution to indicate that the person does not want the |
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contribution to be used by the corporation to make a political |
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contribution or political expenditure. |
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SECTION 3. Subchapter B, Chapter 254, Election Code, is |
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amended by adding Section 254.044 to read as follows: |
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Sec. 254.044. DISCLOSURE OF CERTAIN INFORMATION NOT |
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ALLOWED. Notwithstanding any other law, a nonprofit corporation |
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organized under Chapter 22, Business Organizations Code, or a |
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comparable law of another state, that is required to disclose |
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information in a report required by this chapter is not required to |
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disclose in the report information regarding a contribution that a |
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person opts out of allowing the nonprofit corporation to use to make |
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a political contribution or political expenditure as provided by |
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Section 22.057, Business Organizations Code. |
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SECTION 4. This Act takes effect September 1, 2015. |