Texas Regulations § 20.419 Converting to a Specific-Purpose Committee
Regulation Text
(a)
A general-purpose committee that changes its operation and becomes a specific-purpose committee is subject to the requirements applicable to a specific-purpose committee as of the date it files its campaign treasurer appointment as a specific-purpose committee.
(b)
The campaign treasurer of a general-purpose committee that changes its operation and becomes a specific-purpose committee shall deliver written notice of the change in status to the commission.
(c)
The notice shall identify the filing authority with whom future filings by the committee are expected to be made.
(d)
The notice required by this section is due not later than the next deadline for filing a report under this subchapter that:
(1)
occurs after the change in status; and
(2)
would be applicable to the committee if it were still a general-purpose committee.
(e)
As provided by §
RSA
20.301
of this title (relating to Thresholds for Campaign Treasurer Appointment), a new specific-purpose committee involved in an election supporting or opposing a candidate for a statewide office, the state legislature, the State Board of Education, or a multi-county district office in a primary or general election may not accept political contributions exceeding $500 and may not make or authorize political expenditure exceeding $500 unless the committee's campaign treasurer appointment as a specific-purpose committee has been on file at least 30 days before the applicable election day.
History
The provisions of this §20.419 adopted to be effective December 31, 1993, 18 TexReg 9734.
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