Bill Text: TX HB3272 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to contribution and expenditure statements filed by the inaugural committee with the Texas Ethics Commission.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-03-19 - Referred to State Affairs [HB3272 Detail]
Download: Texas-2021-HB3272-Introduced.html
87R11312 BRG-D | ||
By: Turner of Tarrant | H.B. No. 3272 |
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relating to contribution and expenditure statements filed by the | ||
inaugural committee with the Texas Ethics Commission. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter A, Chapter 401, Government Code, is | ||
amended by adding Section 401.0075 to read as follows: | ||
Sec. 401.0075. REQUIRED CONTRIBUTION AND EXPENDITURE | ||
STATEMENTS. (a) The committee shall file contribution and | ||
expenditure statements with the Texas Ethics Commission on: | ||
(1) the fifth day after the date that members of the | ||
committee are appointed; | ||
(2) the day before the first day of the regular session | ||
of the legislature that occurs in the year of the inauguration; and | ||
(3) the day that the committee files the final report | ||
required by Section 401.008. | ||
(b) A statement required by Subsection (a) must list the | ||
following information: | ||
(1) each unreported contribution of money, services, | ||
or other things of value to the committee, the name and address of | ||
the contributor, and the date and amount of the contribution; | ||
(2) each unreported loan made to the committee, | ||
including a loan listed in a previous filing that has not been paid | ||
or that was paid after the previous filing, the complete name and | ||
address of the lender and each person other than the committee who | ||
is responsible on the note, the date and amount of the note, the | ||
intended source of funds to repay the note, and any payments already | ||
made on the note and the source of the payments; and | ||
(3) each unreported expenditure of the committee, the | ||
complete name and address of each person to whom a payment of more | ||
than $10 was made, and the purpose of each expenditure. | ||
(c) Each statement filed under this section is public | ||
information and shall be preserved until the second anniversary of | ||
the date the statement was filed. Unless a court orders further | ||
preservation, a statement may be destroyed after the two-year | ||
period. | ||
SECTION 2. This Act takes effect September 1, 2021. |