Texas Administrative Code
Title 1 - ADMINISTRATION
Part 2 - TEXAS ETHICS COMMISSION
Chapter 24 - RESTRICTIONS ON CONTRIBUTIONS AND EXPENDITURES APPLICABLE TO CORPORATIONS AND LABOR ORGANIZATIONS
Section 24.18 - Designation of Contribution for Administrative Purposes
Universal Citation: 1 TX Admin Code ยง 24.18
Current through Reg. 49, No. 38; September 20, 2024
(a) Any of the following will serve to designate a political expenditure in the form of a political contribution made by a corporation or labor organization as restricted to the establishment, administration, maintenance, or operation of a general-purpose committee:
(1) A contemporaneous written instruction
that the contribution is restricted to the administration, maintenance, or
operation of the committee accepting the contribution;
(2) The negotiable instrument conveying the
contribution contains language indicating that the entity is a corporation,
including but not limited to "Inc.," "Incorporated," "Corp.," or
"Corporation;"
(3) The
general-purpose committee accepting the contribution reports the contribution
as monetary contribution or monetary support from a corporation or labor
organization on the committee's campaign finance report ; or
(4) The general-purpose committee accepting
the contribution deposits the contribution into a separate segregated account
for political contributions from corporations and labor organizations.
(b) Subsection (a) of this section shall not be read to restrict a hybrid committee, a direct campaign expenditure-only committee, or a political committee that supports or opposes measures exclusively from using a contribution from a corporation or labor organization to make a direct campaign expenditure.
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