1 Tex. Admin. Code § 20.55 - Time of Accepting Contribution
(a) A
candidate, office holder, or political committee shall make a determination to
accept or refuse a political contribution not later than the end of the
reporting period during which the contribution is received, except as provided
by subsection (e) of this section.
(b) A determination to refuse a political
contribution is a distinct act from returning a political contribution and may
occur at a different time.
(c) If a
determination to accept or refuse a political contribution is not made before
the end of the reporting period during which the contribution is received, the
contribution is considered to have been accepted on the last day of that
reporting period.
(d) A political
contribution that is received but not accepted shall be returned to the
contributor not later than the 30th day after the deadline for filing a report
for the reporting period during which the contribution is received. A
contribution not returned within that time is considered to be
accepted.
(e) A determination to
accept or refuse a political contribution received during a special legislative
session shall be made not later than the third day after the date the
contribution is received.
Notes
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