Sec. 253.105.  CONTRIBUTIONS TO DIRECT EXPENDITURE ONLY COMMITTEES.  (a)  A corporation or labor organization may make a political contribution from its own property to a political committee that:
(1)  is not established or controlled by a candidate or an officeholder;
(2)  makes or intends to make direct campaign expenditures;
(3)  does not make or intend to make political contributions to:
(A)  a candidate;
(B)  an officeholder;
(C)  a specific-purpose committee established or controlled by a candidate or an officeholder; or
(D)  a political committee that makes or intends to make political contributions to a candidate, an officeholder, or a specific-purpose committee established or controlled by a candidate or an officeholder; and
(4)  has filed an affidavit with the commission stating the committee's intention to operate as described by Subdivisions (2) and (3).
(b)  A political contribution made by a corporation or labor organization under this section does not constitute a violation of Section 253.094(a) and the acceptance of the political contribution does not constitute a violation of Section 253.003(b).
Added by Acts 2019, 86th Leg., R.S., Ch. 209 (H.B. 3580), Sec. 1, eff. September 1, 2019.