1 Tex. Admin. Code § 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.
Notes
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