Texas Statutes § 253.105 Contributions to Direct Expenditure Only Committees
Statute Text
(a)
A corporation or labor organization may make a political contribution from its own property to a political committee that:
(1)
is not established or controlled by a candidate or an officeholder;
(2)
makes or intends to make direct campaign expenditures;
(3)
does not make or intend to make political contributions to:
(A)
a candidate;
(B)
an officeholder;
(C)
a specific-purpose committee established or controlled by a candidate or an officeholder; or
(D)
a political committee that makes or intends to make political contributions to a candidate, an officeholder, or a specific-purpose committee established or controlled by a candidate or an officeholder; and
(4)
has filed an affidavit with the commission stating the committee's intention to operate as described by Subdivisions (2) and (3).
(b)
A political contribution made by a corporation or labor organization under this section does not constitute a violation of Section 253.094(a) and the acceptance of the political contribution does not constitute a violation of Section 253.003(b).
History
Added by
Acts
2019
,
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