Texas Statutes § 253.038 Payments Made to Purchase Real Property or to Rent Certain Real Property Prohibited
Statute Text
(a)
A candidate or officeholder or a specific-purpose committee for supporting, opposing, or assisting the candidate or officeholder may not knowingly make or authorize a payment from a political contribution to purchase real property or to pay the interest on or principal of a note for the purchase of real property.
(a-1)
A candidate or officeholder or a specific-purpose committee for supporting, opposing, or assisting the candidate or officeholder may not knowingly make or authorize a payment from a political contribution for the rental or purchase of real property from:
(1)
a person related within the second degree by consanguinity or affinity, as determined under Chapter 573, Government Code, to the candidate or officeholder; or
(2)
a business in which the candidate or officeholder or a person described by Subdivision (1) has a participating interest of more than 10 percent, holds a position on the governing body, or serves as an officer.
(b)
A person who violates this section commits an offense. An offense under this subsection is a Class A misdemeanor.
(c)
This section does not apply to a payment made in connection with real property that was purchased before January 1, 1992.
History
Amended by Acts 2007 , 80th Leg., R.S., Ch. 1087 , Sec. 1 , eff. 9/1/2007 .
Amended by Acts 2007 , 80th Leg., R.S., Ch. 1087 , Sec. 2 , eff. 9/1/2007 .
Added by Acts 1991 , 72nd Leg., ch. 304 , Sec. 5.07, eff. 1/1/1992 .
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