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Yes, in Texas, campaigns must report political donations to maintain transparency and adhere to legal requirements. All contributions received must be documented and reported, including details about the donor and the amount. By utilizing the Texas Tournament Action Finance Agreement, you can streamline the reporting process and ensure that your campaign stays compliant with financial regulations.
In Texas, a campaign treasurer can be an individual or a committee that manages the finances for a political campaign. This person must be a resident of Texas and should have the authority to oversee campaign funds. When establishing your Texas Tournament Action Finance Agreement, it is crucial to appoint a treasurer who understands the legal responsibilities involved in managing campaign finances, ensuring compliance with state regulations.