Texas Administrative Code › Title 1 - ADMINISTRATION › Part 2 - TEXAS ETHICS COMMISSION › Chapter 20 - REPORTING POLITICAL CONTRIBUTIONS AND EXPENDITURES › Subchapter H - RULES APPLICABLE TO A POLITICAL PARTY ACCEPTING CONTRIBUTIONS FROM CORPORATIONS OR LABOR ORGANIZATIONS › Section 20.525 - Record of Contributions and Expenditures and Contents of Report

Current through Reg. 49, No. 28; July 12, 2024
(a) The party chair
				  of a political party is required to maintain a record of all contributions from
				  corporations and labor organizations and all expenditures from such
				  contributions.
(b) The party chair
				  of a political party shall preserve the record required by subsection (a) of
				  this section for at least two years after the filing deadline for the report
				  containing the information on the record.
(c) The party chair of a political party that
				  accepts contributions authorized by § 24.19 of this title (relating to
				  Contribution to a Political Party) shall report all contributions and
				  expenditures made to and from the account required by §
										RSA
				  20.523 of this title (relating to Separate
				  Account Required), in accordance with the reporting schedule in §
										RSA
				  20.529 of this title (relating to Reporting
				  Schedule for Political Party Accepting Corporate or Labor Organization
				  Contributions).
(d) The reports
				  required by subsection (c) of this section shall contain the following
				  information for the period covered by the report:
(1) the full name of the political
				  party;
(2) the complete mailing
				  address of the political party;
(3)
				  the full name of the political party's chair;
(4) the residence or business street address
				  of the political party's chair;
(5)
				  if the mailing address of the political party's chair is different from the
				  street address provided, the mailing address for the political party's
				  chair;
(6) the political party
				  chair's telephone number;
(7) the
				  identity and date of the election for which the report is filed, if
				  applicable;
(8) for each
				  corporation or labor organization from whom the political party accepted a
				  contribution (other than a pledge, loan, or guarantee of a loan):
(A) the full name of the corporation or labor
				  organization making the contribution;
(B) the address of the corporation or labor
				  organization making the contribution;
(C) the amount of the contribution;
				  and
(D) the date the contribution
				  was accepted;
(E) a description of
				  any in-kind contribution;
(9) for each corporation or labor
				  organization from whom the political party accepted a pledge:
(A) the full name of the corporation or labor
				  organization making the pledge;
(B)
				  the address of the corporation or labor organization making the
				  pledge;
(C) the amount of the
				  pledge;
(D) the date the pledge was
				  accepted; and
(E) a description of
				  any goods or services pledged;
(10) for each corporation or labor
				  organization making a loan or loans to the political party:
(A) the full name of the person or financial
				  institution making the loan;
(B)
				  the address of the person or financial institution making the loan;
(C) the amount of the loan;
(D) the date of the loan;
(E) the interest rate;
(F) the maturity date;
(G) the collateral for the loan, if
				  any;
(H) if the loan has
				  guarantors:
(i) the full name of each
				  guarantor;
(ii) the address of each
				  guarantor;
(iii) the principal
				  occupation of each guarantor;
(iv)
				  the name of the employer of each guarantor; and
(v) the amount guaranteed by each
				  guarantor;
(11) for each expenditure made by the
				  political party from the account required by §
											RSA
				  20.523 of this title (relating to Separate
				  Account Required):
(A) the date of the
				  expenditure;
(B) the full name of
				  the person to whom each expenditure was made;
(C) the address of the person to whom each
				  expenditure was made;
(D) the
				  purpose of the expenditure, for example, the nature of the goods or services
				  for which the expenditure was made; and
(E) the amount of the expenditure;
(12) for each expenditure by the
				  political party that was made as a political contribution to a candidate,
				  officeholder, or another political committee and that was returned to the
				  political party during the reporting period:
(A) the amount returned;
(B) the full name of the person to whom the
				  expenditure was originally made;
(C) the address of the person to whom the
				  expenditure was originally made; and
(D) the date the expenditure was returned to
				  the general-purpose committee;
(13) the following total amounts:
(A) total amount of all contributions (other
				  than pledges, loans, or guarantees of loans) accepted during the period from
				  corporations or labor organizations;
(B) the total amount of all expenditures made
				  during the period from the account required by §
												RSA
				  20.523 of this title (relating to Separate
				  Account Required);
(14)
				  if applicable, a statement that no reportable activity occurred during the
				  reporting period; and
(15) an
				  affidavit, executed by the political party's chair, stating: "I swear, or
				  affirm, that the accompanying report is true and correct and includes all
				  information required to be reported by me under Title 15, Election
				  Code."