Bill Text: TX HB4530 | 2021-2022 | 87th Legislature | Introduced

Texas House Bill 4530 (Prior Session Legislation)

Introduced

Bill Title: Relating to the reporting of political contributions from a person with a principal address that is located outside this state.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2021-04-29 - Left pending in committee [HB4530 Detail]

Download: Texas-2021-HB4530-Introduced.html

	87R7073 TJB-D

	By: Oliverson	H.B. No. 4530



	A BILL TO BE ENTITLED
	AN ACT
	relating to the reporting of political contributions from a person
	with a principal address that is located outside this state.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 254.031(a), Election Code, is amended to
	read as follows:
	(a) Except as otherwise provided by this chapter, each
	report filed under this chapter must include:
	(1) the amount of political contributions, other than
	political contributions described by Subdivision (1-a) or (1-b),
	from each person that in the aggregate exceed $50 and that are
	accepted during the reporting period by the person or committee
	required to file a report under this chapter, the full name and
	address of the person making the contributions, and the dates of the
	contributions;
	(1-a) the amount of political contributions from each
	person that are made electronically and that are accepted during
	the reporting period by the person or committee required to file a
	report under this chapter, the full name and address of the person
	making the contributions, and the dates of the contributions;
	(1-b) the amount of political contributions, other than
	political contributions described by Subdivision (1) or (1-a),
	from each person with a principal address that is located outside
	this state and that are accepted during the reporting period by the
	person or committee required to file a report under this chapter,
	the full name and address of the person making the contributions,
	and the dates of the contributions;
	(2) the amount of loans that are made during the
	reporting period for campaign or officeholder purposes to the
	person or committee required to file the report and that in the
	aggregate exceed $50, the dates the loans are made, the interest
	rate, the maturity date, the type of collateral for the loans, if
	any, the full name and address of the person or financial
	institution making the loans, the full name and address, principal
	occupation, and name of the employer of each guarantor of the loans,
	the amount of the loans guaranteed by each guarantor, and the
	aggregate principal amount of all outstanding loans as of the last
	day of the reporting period;
	(3) the amount of political expenditures that in the
	aggregate exceed $100 and that are made during the reporting
	period, the full name and address of the persons to whom the
	expenditures are made, and the dates and purposes of the
	expenditures;
	(4) the amount of each payment made during the
	reporting period from a political contribution if the payment is
	not a political expenditure, the full name and address of the person
	to whom the payment is made, and the date and purpose of the
	payment;
	(5) the total amount or a specific listing of the
	political contributions of $50 or less accepted and the total
	amount or a specific listing of the political expenditures of $100
	or less made during the reporting period;
	(6) the total amount of all political contributions
	accepted and the total amount of all political expenditures made
	during the reporting period;
	(7) the name of each candidate or officeholder who
	benefits from a direct campaign expenditure made during the
	reporting period by the person or committee required to file the
	report, and the office sought or held, excluding a direct campaign
	expenditure that is made by the principal political committee of a
	political party on behalf of a slate of two or more nominees of that
	party;
	(8) as of the last day of a reporting period for which
	the person is required to file a report, the total amount of
	political contributions accepted, including interest or other
	income on those contributions, maintained in one or more accounts
	in which political contributions are deposited as of the last day of
	the reporting period;
	(9) any credit, interest, rebate, refund,
	reimbursement, or return of a deposit fee resulting from the use of
	a political contribution or an asset purchased with a political
	contribution that is received during the reporting period and the
	amount of which exceeds $100;
	(10) any proceeds of the sale of an asset purchased
	with a political contribution that is received during the reporting
	period and the amount of which exceeds $100;
	(11) any investment purchased with a political
	contribution that is received during the reporting period and the
	amount of which exceeds $100;
	(12) any other gain from a political contribution that
	is received during the reporting period and the amount of which
	exceeds $100; and
	(13) the full name and address of each person from whom
	an amount described by Subdivision (9), (10), (11), or (12) is
	received, the date the amount is received, and the purpose for which
	the amount is received.
	SECTION 2. The change in law made 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, 2022.
	SECTION 3. This Act takes effect September 1, 2021.