Hello, Bitcoin Community! Texas law allows political campaigns to accept contributions of currency or other assets. Because state and federal law do not currently recognize Bitcoin as currency, your contribution to Texans for Greg Abbott of Bitcoin will be listed as an in-kind contribution to the campaign. In order to comply with State Law, we must attribute your Bitcoin donation to you and thus collect the following pieces of information.
Please note, clicking submit will not generate a transfer of funds, it will only capture the information below so we can match Bitcoin donations with the donor. You will still need to send your Bitcoin from your wallet to our wallet (address below).
Texans for Greg Abbott will use the current market value of Bitcoin at the time of the transaction to determine the monetary value of the contribution. All contributions will be reported as required by law by Texans for Greg Abbott.
You certify that the Bitcoin you are contributing came from your personal account, and the Bitcoin are not assets held by a corporation, partnership, or any other type of business entity.
State law requires Texans for Greg Abbott to use our best efforts to obtain and report the name, mailing address, and employer of individuals whose contributions equal or exceed $500 per reporting period. Texans for Greg Abbott only accepts individual contributions online. Corporate contributions are prohibited by state law and cannot be accepted. There are no dollar limits on the amount of the contribution. Contributions are not deductible for federal income tax purposes.