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TX SB2859

Bill

Official Source

Status

Introduced

3/14/2025

Primary Sponsor

Paul Bettencourt

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Origin

Senate

89th Legislature Regular Session

AI Summary

  • Prohibits any person who contributes to a political committee supporting a bond issuance from receiving money from that bond's proceeds
  • The prohibition includes payments under contracts for goods or services funded by the bond proceeds
  • Applies only to contributions made to political committees on or after the effective date
  • Takes effect September 1, 2025

Legislative Description

Relating to a prohibition on the receipt of bond proceeds by persons who make a contribution to certain political committees.

Elections

Last Action

Referred to State Affairs

4/7/2025

Committee Referrals

State Affairs4/7/2025

Full Bill Text

No bill text available