Bill Text: TX HB5313 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the reporting of loan agreements made for campaign or officeholder purposes by a person or political committee.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2025-04-07 - Referred to State Affairs [HB5313 Detail]
Download: Texas-2025-HB5313-Introduced.html
| 89R16100 MZM-D | ||
| By: Talarico | H.B. No. 5313 | |
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| relating to the reporting of loan agreements made for campaign or | ||
| officeholder purposes by a person or political committee. | ||
| 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), 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; | ||
| (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; | ||
| (2-a) a copy of the agreement for each loan described | ||
| by Subdivision (2); | ||
| (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 changes in law made by this Act apply only to | ||
| a report under Chapter 254, Election Code, that is required to be | ||
| filed on or after the effective date of this Act. A report under | ||
| that chapter that is required to be filed before the effective date | ||
| of this Act is governed by the law in effect on the date the report | ||
| is required to be filed, and the former law is continued in effect | ||
| for that purpose. | ||
| SECTION 3. This Act takes effect September 1, 2025. | ||
