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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) A candidate or officeholder who accepts a political contribution made using a credit card shall:
(1) for a political contribution for which a processing fee is deducted by the credit card issuer from the political contribution amount:
(A) report as a political contribution the full amount, including the deducted amount; and
(B) report as a political expenditure the deducted amount; and
(2) for a political contribution for which a processing fee is paid by the person making the political contribution in excess of the political contribution amount, report only as a political contribution the full amount the candidate or officeholder accepts, not including the amount paid in excess of the political contribution amount.
(b) A candidate or officeholder who accepts a political contribution described by Subsection (a)(2) is not required to report the excess amount paid as a processing fee by the person making the political contribution.
Cite this article: FindLaw.com - Texas Election Code - ELEC § 254.044. Reporting of Political Contributions and Expenditures Made Using Credit Card - last updated January 01, 2024 | https://codes.findlaw.com/tx/election-code/elec-sect-254-044/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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