Texas HB953 prohibits political committees supporting bond issuance from receiving proceeds from the bond.

Texas HB953 amends the Election Code to prohibit a political committee that supports the issuance of a bond from receiving money from any proceeds in connection with the bond. This includes payments under a contract for goods or services. The prohibition applies only to contributions made on or after the effective date of the Act, which is September 1, 2025.

Texas HB953 prohibits political committees supporting bond issuance from receiving proceeds from the bond.

Texas HB953 amends the Election Code to prohibit a political committee that supports the issuance of a bond from receiving money from any proceeds in connection with the bond. This includes payments under a contract for goods or services. The prohibition applies only to contributions made on or after the effective date of the Act, which is September 1, 2025.