Texas HB110 prohibits individuals who contribute to political committees supporting bond issuance from receiving bond proceeds.

Texas HB110 amends the Election Code to prohibit individuals who contribute to political committees supporting bond issuance from receiving any proceeds from the bond. This prohibition applies to contributions made on or after the effective date of the Act. The Act takes effect immediately if it receives a two-thirds vote in both legislative houses, otherwise it takes effect 91 days after the legislative session.

Texas HB110 prohibits individuals who contribute to political committees supporting bond issuance from receiving bond proceeds.

Texas HB110 amends the Election Code to prohibit individuals who contribute to political committees supporting bond issuance from receiving any proceeds from the bond. This prohibition applies to contributions made on or after the effective date of the Act. The Act takes effect immediately if it receives a two-thirds vote in both legislative houses, otherwise it takes effect 91 days after the legislative session.