The bill amends the existing law regulating political activity, specifically focusing on the definition and scope of "gifts" in relation to lobbyists and political officials. It clarifies that a "gift" is defined as any payment, advance, forbearance, or rendering of services or anything of value exceeding $25 in a one-month period, unless equal or greater value is received in return. The bill also specifies that gifts include those intended to aid in the legal defense of officials against actions not directly related to their governmental duties. Notably, it excludes certain items from the definition of gifts, such as campaign contributions, loans made in the normal course of business, gifts from immediate family members, and contributions to registered legal defense funds.

Additionally, the bill introduces new definitions and clarifications regarding terms like "immediate family" and "loan." It emphasizes that the definition of "immediate family" includes a child, spouse, or dependent, while "loan" refers to any transfer of value with an obligation to repay. The enactment of this bill is contingent upon the passage of Senate Bill No. 739 from the 103rd Legislature.

Statutes affected:
Senate Introduced Bill: 4.414