(a) This section and Election Code §254.1541 apply only to a general-purpose committee with less than the amount specified in Tex. Elec. Code §254.1541(a), as amended by Figure 1 in 1 TAC §18.31 in one or more accounts maintained by the committee in which political contributions are deposited, as of the last day of the preceding reporting period for which the committee was required to file a report.
(b) The alternative reporting requirement in Election Code §254.1541 applies only to contributions.
(c) A report by a campaign treasurer of a general-purpose committee to which this section and Election Code §254.1541 apply shall include the information required by §20.433 of this title (relating to Contents of General-Purpose Committee Sworn Report of Contributions and Expenditures), except that the campaign treasurer may choose a threshold reporting amount for political contributions specified in Tex. Elec. Code §254.1541(b)(1), as amended by Figure 1 in 1 TAC §18.31 instead of the threshold reporting amount specified in Tex. Elec. Code §254.031(a)(1) and (1-a), as amended by Figure 1 in 1 TAC §18.31 set out in §20.433(11) and (25)(B) of this title.
(d) A monthly report by a campaign treasurer of a general-purpose committee to which this section and Election Code §254.1541 apply shall include the information required by §20.433 of this title, except that the campaign treasurer may choose a threshold reporting amount for political contributions of the amount specified in Tex. Elec. Code §254.156(2), as amended by Figure 1 in 1 TAC §18.31, instead of the threshold reporting amount set out in §20.433(11) and (25)(B) of this title.

Source Note: The provisions of this §20.434 adopted to be effective March 6, 2006, 31 TexReg 1438; amended to be effective January 1, 2020, 44 TexReg 7880; amended to be effective January 1, 2021, 45 TexReg 8511; amended to be effective April 20, 2021, 46 TexReg 2579; amended to be effective January 3, 2022, 46 TexReg 9233; amended to be effective January 1, 2023, 47 TexReg 6822; amended to be effective January 1, 2024, 48 TexReg 6462