S.B. No. 2035 aims to strengthen the regulation of political committees involved in ballot measures by prohibiting contributions and expenditures from foreign nationals. The bill requires political committees to submit an affidavit with their campaign treasurer appointment, certifying that they have not received funding from foreign nationals for preliminary activities related to the ballot measure. It also defines "foreign national" and outlines prohibited actions, such as soliciting or accepting contributions from foreign nationals or entities with significant foreign funding. The bill establishes enforcement mechanisms, including civil penalties and criminal charges for violations, with the attorney general empowered to enforce these provisions.

Additionally, the bill introduces confidentiality measures for donors to nonprofit organizations, ensuring that the identities of lawful donors remain confidential during investigations unless a legal violation is confirmed. Violating this confidentiality is classified as a Class A misdemeanor. Political committees are required to affirm compliance with the new regulations regarding foreign contributions, and the changes to the Election Code will apply only to campaign treasurer appointments and reports filed after the effective date of September 1, 2025, allowing for a smooth transition from existing laws.

Statutes affected:
Introduced: Civil Practice and Remedies Code 51.014, Chapter , Election Code 253.206 (Chapter , Election Code 253, Civil Practice and Remedies Code 51)
Senate Committee Report: Civil Practice and Remedies Code 51.014, Chapter , Election Code 253.206 (Chapter , Election Code 253, Civil Practice and Remedies Code 51)
Engrossed: Civil Practice and Remedies Code 51.014, Chapter , Election Code 253.206 (Chapter , Election Code 253, Civil Practice and Remedies Code 51)
House Committee Report: Civil Practice and Remedies Code 51.014, Chapter , Election Code 253.206 (Chapter , Election Code 253, Civil Practice and Remedies Code 51)