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Contributions to Texas Association of Business PAC (TXBIZ PAC) are not tax deductible as charitable contributions. Texas law does not limit the amount that individual donors (and some partnerships and LLCs) may contribute to TXBIZ PAC; however, contributions from corporations, labor unions, foreign nationals who are not lawfully admitted for permanent residence, and federal government contractors are not permitted. Texas law requires TXBIZ PAC to itemize information about individuals whose contributions exceed $20 in a reporting period and use its best efforts to obtain and report the name, address, and principal occupation or job title of individuals whose contributions exceed $710 in a reporting period.
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