88R7893 MPF-D
 
  By: Thimesch H.B. No. 3372
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the reporting of political contributions and
  expenditures made using a credit card.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter B, Chapter 254, Election Code, is
  amended by adding Section 254.044 to read as follows:
         Sec. 254.044.  REPORTING OF POLITICAL CONTRIBUTIONS AND
  EXPENDITURES MADE USING CREDIT CARD. A candidate or officeholder
  who accepts a political contribution made using a credit card
  shall:
               (1)  report as a political contribution the full
  amount, including any amount deducted from the political
  contribution by the credit card issuer as a processing fee; and
               (2)  report as a political expenditure any amount
  deducted from the political contribution by the credit card issuer
  as a processing fee.
         SECTION 2.  Section 254.044, Election Code, as added by this
  Act, applies only to a report of political contributions and
  expenditures under Chapter 254, Election Code, that is required to
  be filed on or after January 1, 2024.
         SECTION 3.  This Act takes effect September 1, 2023.