1. (a) The date of a pledge of a contribution is the date the pledge was accepted, regardless of when the pledge is received.
2. (b) Except as provided by subsection (c) of this section, a pledge of a contribution shall be reported on the appropriate pledge schedule for the reporting period in which the pledge was accepted and shall be reported on the appropriate receipts schedule for the reporting period in which the pledge is received.
3. (c) A pledge of a contribution that is received in the reporting period in which the pledge was accepted, shall be reported on the contribution schedule or the loan schedule, as applicable, and in accordance with subsection (a) of this section.

Source Note:The provisions of this §20.54 adopted to be effective March 16, 2026, 51 TexReg 1603.