Sec. 253.105. CONTRIBUTIONS TO DIRECT EXPENDITURE ONLY COMMITTEES. (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).
Added by Acts 2019, 86th Leg., R.S., Ch. 209 (H.B. 3580), Sec. 1, eff. September 1, 2019.
Structure Texas Statutes
Title 15 - Regulating Political Funds and Campaigns
Chapter 253 - Restrictions on Contributions and Expenditures
Subchapter D. Corporations and Labor Organizations
Section 253.091. Corporations Covered
Section 253.092. Treatment of Incorporated Political Committee
Section 253.093. Certain Associations Covered
Section 253.094. Contributions Prohibited
Section 253.095. Punishment of Agent
Section 253.096. Contribution on Measure
Section 253.097. Contribution From Corporation or Labor Organization
Section 253.098. Communication With Stockholders or Members
Section 253.099. Nonpartisan Voter Registration and Get-Out-the-Vote Campaigns
Section 253.100. Expenditures for General-Purpose Committee
Section 253.101. Unlawful Contribution or Expenditure by Committee
Section 253.102. Coercion Prohibited
Section 253.103. Corporate Loans
Section 253.104. Contribution to Political Party
Section 253.105. Contributions to Direct Expenditure Only Committees