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A BILL TO BE ENTITLED
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AN ACT
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relating to a prohibition on the receipt of bond proceeds by persons |
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who make a contribution to certain political committees. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 253, Election Code, is |
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amended by adding Section 253.008 to read as follows: |
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Sec. 253.008. PROHIBITION ON RECEIPT OF BOND PROCEEDS BY |
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PERSONS WHO CONTRIBUTE TO CERTAIN POLITICAL COMMITTEES. |
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Notwithstanding any law, a person who makes a contribution to a |
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political committee that supports the issuance of a bond may not |
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receive money, including payment under a contract for goods or |
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services, from any proceeds in connection with the bond. |
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SECTION 2. Section 253.008, Election Code, as added by this |
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Act, applies only to a contribution to a political committee that is |
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made on or after the effective date of this Act. |
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SECTION 3. 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 on the 91st day after the last day of the |
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legislative session. |