Texas Election Code
§ 253.042 — RESTRICTIONS ON REIMBURSEMENT OF PERSONAL FUNDS AND PAYMENTS ON CERTAIN LOANS
EL § 253.042Title 15. REGULATING POLITICAL FUNDS AND CAMPAIGNS · Ch. 253. RESTRICTIONS ON CONTRIBUTIONS AND EXPENDITURES · Art. B. CANDIDATES, OFFICEHOLDERS, AND POLITICAL COMMITTEES
Statute text
View on source(a)A candidate or officeholder who makes political expenditures from the candidate's or officeholder's personal funds may not reimburse those personal funds from political contributions in amounts that in the aggregate exceed the following amounts for each election in which the person's name appears on the ballot:
(1)for a statewide office other than governor, $250,000; and
(2)for governor, $500,000.
(b)A candidate or officeholder who accepts one or more political contributions in the form of loans, including an extension of credit or a guarantee of a loan or extension of credit, from one or more persons related to the candidate or officeholder within the second degree by affinity or consanguinity may not use political contributions to repay the loans in amounts that in the aggregate exceed the amount prescribed by Subsection (a).
(c)The total amount of both reimbursements and repayments made by a candidate or officeholder under this section may not exceed the amount prescribed by Subsection (a).
(d)A person who is both a candidate and an officeholder covered by Subsection (a) may reimburse the person's personal funds or repay loans from political contributions only in one capacity.
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Legislative history
Added by Acts 1991, 72nd Leg., ch. 304, Sec. 5.07, eff. Jan. 1, 1992. Amended by Acts 1997, 75th Leg., ch. 864, Sec. 242, eff. Sept. 1, 1997.