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A BILL TO BE ENTITLED
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AN ACT
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relating to a restriction on the use of certain political |
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contributions from a single source in the month before an election. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 253, Election Code, is |
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amended by adding Section 253.044 to read as follows: |
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Sec. 253.044. USE OF CERTAIN CONTRIBUTIONS BEFORE ELECTION. |
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(a) This section applies only to a political contribution accepted |
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by a candidate, a specific-purpose committee supporting or opposing |
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a candidate, or a general-purpose committee that makes |
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contributions or expenditures supporting or opposing a candidate, |
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during the period beginning the 30th day before the date of an |
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election in which the candidate is on the ballot and ending on that |
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election day. |
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(b) A candidate or committee that, during the period |
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described by Subsection (a), accepts from a single source a |
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political contribution that when aggregated with all political |
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contributions from the same source during that period exceeds |
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$5,000 may not spend the contribution until: |
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(1) the candidate or committee reports the |
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contribution to the authority with whom the candidate or committee |
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reports political contributions and expenditures; and |
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(2) if the candidate or committee files reports of |
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political contributions and expenditures with the commission, the |
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commission has posted on the commission's website the contribution |
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reported under Subdivision (1). |
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SECTION 2. This Act takes effect September 1, 2015. |