1 Tex. Admin. Code § 20.62

Current through Reg. 49, No. 50; December 13, 2024
Section 20.62 - Reporting Staff Reimbursement
(a) Political expenditures made out of personal funds by a staff member of an officeholder, a candidate, or a political committee with the intent to seek reimbursement from the officeholder, candidate, or political committee that in the aggregate do not exceed the amount specified by Figure 5 in 1 TAC § 18.31, during the reporting period may be reported as follows IF the reimbursement occurs during the same reporting period that the initial expenditure was made:
(1) the amount of political expenditures that in the aggregate exceed the amount specified in Tex. Elec. Code §254.031(a)(3), as amended by Figure 1 in 1 TAC § 18.31 and that are made during the reporting period, the full names and addresses of the persons to whom the expenditures are made and the dates and purposes of the expenditures; and
(2) included with the total amount or a specific listing of the political expenditures of the amount specified in Tex. Elec. Code §254.031(a)(5), as amended by Figure 1 in 1 TAC § 18.31 or less made during the reporting period.
(b) Except as provided by subsection (a) of this section, a political expenditure made out of personal funds by a staff member of an officeholder, a candidate, or a political committee with the intent to seek reimbursement from the officeholder, candidate, or political committee must be reported as follows:
(1) the aggregate amount of the expenditures made by the staff member as of the last day of the reporting period is reported as a loan to the officeholder, candidate, or political committee;
(2) the expenditure made by the staff member is reported as a political expenditure by the officeholder, candidate, or political committee; and
(3) the reimbursement to the staff member to repay the loan is reported as a political expenditure by the officeholder, candidate, or political committee.

1 Tex. Admin. Code § 20.62

The provisions of this §20.62 adopted to be effective February 25, 2007, 32 TexReg 613; Amended to be effective November 18, 2007, 32 TexReg 8305; Amended to be effective November 1, 2011, 36 TexReg 7311; Amended by Texas Register, Volume 44, Number 51, December 20, 2019, TexReg 7880, eff. 1/1/2020; Amended by Texas Register, Volume 45, Number 48, November 27, 2020, TexReg 8512, eff. 1/1/2021; Amended by Texas Register, Volume 46, Number 53, December 31, 2021, TexReg 9234, eff. 1/3/2022; Amended by Texas Register, Volume 47, Number 41, October 14, 2022, TexReg 6822, eff. 1/1/2023; Amended by Texas Register, Volume 48, Number 44, November 3, 2023, TexReg 6463, eff. 1/1/2024