SB 2572
AN ACT relating to a prohibition on the receipt of bond proceeds by persons
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to Senate committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to a prohibition on the receipt of bond proceeds by persons
Subject Areas
Bill Text
relating to a prohibition on the receipt of bond proceeds by persons who make a contribution to certain political committees. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter A, Chapter 253, Election Code, is amended by adding Section 253.008 to read as follows: Sec. 253.008. PROHIBITION ON RECEIPT OF BOND PROCEEDS BY PERSONS WHO CONTRIBUTE TO CERTAIN POLITICAL COMMITTEES. (a) Notwithstanding any law, a person who makes a contribution to a political committee that supports the issuance of a bond may not receive money, including payment under a contract for goods or services, from any proceeds in connection with the bond. (b) A governmental entity may not award to a person who violates Subsection (a) a public contract until the fifth anniversary of the date of the violation. SECTION 2. Section 253.008, Election Code, as added by this Act, applies only to a contribution to a political committee that is made on or after the effective date of this Act. SECTION 3. This Act takes effect September 1, 2025.
Expert Lobbyists for This Bill
These lobbyists specialize in Ethics and related subject areas.
Brianna M. Menard
Robert D. Miller
Haley Cornyn
Allen E. Blakemore
Michael J. Johnson
Vera Denise Rose
Gavin L. Massingill
Fred Shannon
Sarah Hicks
Matthew Bentley
Bill History
Bill filed: AN ACT relating to a prohibition on the receipt of bond proceeds by persons
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