FREQUENTLY ASKED QUESTIONS (FAQs)
What is TXBIZ PAC?
For almost 100 years, the Texas Association of Business has been the voice of business at the state capitol, representing Texas jobs, companies and industry. TXBIZ PAC is a voluntary, nonpartisan political action committee that is registered with the Texas Ethics Commission (TEC). The PAC allows members of the Texas Association of Business to pool personal, voluntary financial contributions to support state candidates seeking elective office and who support issues important to our industry.
Why does TXBIZ have a PAC?
TXBIZ PAC is the voice of business that represents your political interests at the state level through direct contributions to candidates and advocating pro-business issues. TXBIZ PAC was formed to actively support candidates who are pro-business. When government decides how your business is conducted and public policy decisions are made that affect business, then you must be involved in politics. As a leader in your industry and the business community, it’s critical that you be engaged with a robust, effective PAC.
Who can give to TXBIZ PAC and what are the limits?
TXBIZ PAC may only accept personal or non-corporate contributions. There is no limit to what an individual may contribute to TXBIZ PAC. Contributions from corporations, labor organizations, or foreign nationals, who have not been granted permanent residence in the United States, are not acceptable. Contributions are not tax deductible for federal income tax purposes.
Are contributions to TXBIZ PAC disclosed publicly?
Yes. PAC operations are transparent and compliant with all applicable laws. Because they are regulated by the Texas Ethics Commission (TEC), PACs are considered the most transparent form of political involvement. State law requires us to use our best efforts to collect and report the full name and address, principal occupation or job title, and full name of employer of individuals whose contributions equal or exceed $200 in a reporting period. PAC activity is publicly disclosed on the TEC website.
How will the money be used?
TXBIZ PAC will use 100% of the dollars raised on electing and defending pro-business leaders in the state legislature and statewide office.
Who decides how the PAC money is spent?
The PAC is governed by written guidelines and an Advisory Board, which makes decisions on how the PAC funds are spent. The Advisory Board meets regularly to review and plan future PAC activities and contributions.
How can I contribute to TXBIZ PAC?
Checks and credit cards are accepted. Complete a contribution form or donate securely online.