Bill Text: TX SB773 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to political expenditures made by a corporation to finance the solicitation of political contributions to a political committee.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-01 - Referred to State Affairs [SB773 Detail]
Download: Texas-2019-SB773-Introduced.html
| 86R5006 JG-D | ||
| By: Hughes | S.B. No. 773 | |
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| relating to political expenditures made by a corporation to finance | ||
| the solicitation of political contributions to a political | ||
| committee. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 253.100(b), Election Code, is amended to | ||
| read as follows: | ||
| (b) A corporation may make political expenditures to | ||
| finance the solicitation of political contributions to a | ||
| general-purpose committee assisted under Subsection (a) from the | ||
| stockholders, employees, or families of stockholders or employees | ||
| of one or more corporations, including soliciting political | ||
| contributions by making charitable contributions that fully or | ||
| partially match the political contributions. | ||
| SECTION 2. This Act takes effect September 1, 2019. | ||
