HBA-NRS H.B. 2434 77(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 2434 By: Madden Elections 4/3/2001 Introduced BACKGROUND AND PURPOSE Under current law, the definitions of campaign contribution and officeholder contribution refer to received and offered political contributions. As a result, the difference between received and offered political contributions may be distorted. H.B. 2434 removes the reference to offered contributions from the definitions of campaign contribution and officeholder contribution, and specifies information regarding offered contributions that must be included on the political reports of candidates, officeholders, and specific-purpose committees. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. ANALYSIS House Bill 2434 amends the Election Code to provide that a political report by a candidate for office must include the name of any person who made an offer of money to the candidate during the reporting period with the intent that it be used in connection with the candidate's campaign if the offer is for $1,000 or more, the candidate has reason to believe the offer is for $1,000 or more, or the offer is to cover 10 percent or more of the total anticipated costs of the campaign. The report filed not later than January 15 of each oddnumbered year must also include, for the specified period, the name of each person who made an offer of money to the candidate with the intent that it be used in connection with the candidate's campaign, if the offered money was not received by the candidate, and the amount of the offer (Sec. 254.061). The bill provides that a political report by an officeholder must include the name of any person who made an offer of money to the officeholder during the reporting period with the intent that it be used to defray officeholder expenses that are not reimbursable with public money if the offer is for $1,000 or more, or the officeholder has reason to believe that the offer is for $1,000 or more. The report filed not later than January 15 of each odd-numbered year must also include, for the specified period, the name of each person who made an offer of money to the officeholder with the intent that it be used to defray officeholder expenses that are not reimbursable with public money, if the offered money was not received by the officeholder, and the amount of the offer (Sec. 254.091). The bill provides that each report by a campaign treasurer of a specific-purpose committee must include the name of any person who made an offer of money to the committee during the reporting period with the intent that it be used in connection with a campaign for elective office or on a measure, or to defray officeholder expenses that are not reimbursable with public money if the offer is for $1,000 or more, the campaign treasurer has reason to believe the offer is for $1,000 or more, or the offer is to cover 10 percent or more of the anticipated costs of certain campaigns. The report filed not later than January 15 of each odd-numbered year must also include, for the specified period, the name of each person who made an offer of money to the committee with the intent that it be used in connection with a campaign for elective office or on a measure, or to defray officeholder expenses that are not reimbursable with public money, if the offered money was not received by the committee, and the amount of the offer (Sec. 254.121). EFFECTIVE DATE September 1, 2001.