Rules

PROPOSED RULES

At its May and September 2022, meeting, the Texas Ethics Commission voted to propose the following new and amended rules: §§ 22.37 and 50.1. The text of the proposed new and amended rules are located below.

§22.37. Cryptocurrency Contributions.
Text of Proposed Rule

§50.1. Legislative Per Diem.
Text of Proposed Rule

§22.37. Cryptocurrency Contributions.
Text of Proposed Rule

The proposed 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.

§50.1. Legislative Per Diem.
Text of Proposed Rule

The proposed new language is indicated by underlined text.
The deleted text is indicated by [strikethrough] text.

Chapter 50. LEGISLATIVE SALARIES AND PER DIEM

§50.1. Legislative Per Diem

(a) The legislative per diem is $204 [$221]. The per diem is intended to be paid to each member of the legislature and the lieutenant governor for each day during the regular session and for each day during any special session.

(b) If necessary, this rule shall be applied retroactively to ensure payment of the $204 [$221] per diem for 2023 [2019].