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Rules
Adopted

ADOPTED RULES

At its June 2023, meeting, the Texas Ethics Commission voted to adopt the following repeals and new and amended rules: §§ 18.13, 22.37, and 28.3. The text of the adopted repeal and new and amended rule are located below.

§18.13. Fine for a Late Report.
(Effective August 23, 2023)
Text of Adopted Rule

§22.37. Virtual Currency Contributions.
(Effective August 23, 2023)
Text of Adopted Rule

§28.3. Termination of Candidacy.
(Effective August 23, 2023)
Text of Adopted Rule


§18.13. Fine for a Late Report.
Text of Adopted Rule

The deleted language is indicated by [strikethrough] text.

Chapter 18. GENERAL RULES CONCERNING REPORTS.

§18.13. Fine for a Late Report.

(a) Except as provided by subsection (b) or (c) of this section, the fine is $500 for:

(b) The fine for a report due eight days before an election is $500 for the first day the report is late and $100 for each day thereafter that the report is late, up to a maximum fine of $10,000.

(c) The fine for the first semiannual report under Section 254.063, 254.123, or 254.153, Election Code, that is required to be filed by a candidate or political committee following the primary or general election is $500 for the first day the report is late and $100 for each day thereafter that the report is late, up to a maximum fine of $10,000.

(d) A fine assessed under this chapter is in addition to any other sanction assessed under other law.


§22.37. Virtual Currency Contributions.
Text of Adopted Rule

The adopted new language is indicated by underlined text.

Chapter 22. RESTRICTIONS ON CONTRIBUTIONS AND EXPENDITURES

§22.37. Virtual Currency Contributions.

(a) Virtual currency contributions are considered “in-kind” contributions.

(b) A candidate, officeholder, or political committee must report a gain from the sale of virtual currency contributions on the appropriate schedule if the gain exceeds the reporting threshold set by Section 254.031(9) of the Election Code and amended by section 18.31 of this title (relating to Adjustments to Reporting Thresholds).

(c) The value of a virtual currency contribution shall be reported as the fair market value of the virtual currency upon receipt.


§28.3. Termination of Candidacy.
Text of Adopted Rule

The deleted text is indicated by [strikethrough] text.

Chapter 28. REPORTS BY A CANDIDATE FOR SPEAKER OF THE HOUSE OF REPRESENTATIVES

§28.3. Termination of Candidacy.

For purposes of the Government Code, §302.013 (concerning Filing of Statement of Contributions, Loans, and Expenditures), a speaker candidate is considered to have terminated the candidacy when the candidate is no longer seeking the office or is ineligible to seek the office.