TEXAS ETHICS COMMISSION
The Texas Ethics Commission is authorized by Government Code, sec.571.091, to 
issue advisory opinions in regard to the following statutes: the Government 
Code, Chapter 302; the Government Code, Chapter 305; the Government Code, 
Chapter 572; the Election Code, Title 15; the Penal Code, Chapter 36; and the 
Penal Code, Chapter 39.
Requests for copies of the full text of opinions or questions on particular 
submissions should be addressed to the Office of the Texas Ethics Commission, 
P.O. Box 12070, Austin, Texas 78711-2070, (512) 463-5800.

Ethics Advisory Opinions
EAO-323 (AOR-347).
Consequences of a judicial candidate's failure to file a declaration of intent 
under the Election Code, sec.253.164.
Summary of Opinion.
A judicial candidate's failure to file a declaration of intent under the 
Election Code, sec.253.164 does not release the candidate's opponent from 
compliance with any of the restrictions in the Judicial Campaign Fairness Act.
EAO-324 (AOR-359).
Whether a former employee of the Texas Natural Resource Conservation Commission 
may work on the certification of a groundwater monitoring system if the former 
employee reviewed and approved or supervised the review and approval of the 
ground water monitoring system during the permit application process while 
employed by the agency.
Summary of Opinion.
The revolving door provision in Government Code, sec.572.054(b) does not 
prohibit a former employee of the Texas Natural Resource Conservation Commission 
from working on the certification of a groundwater monitoring system even though 
the former employee reviewed and approved or supervised the review and approval 
of the groundwater monitoring system during the permit application process while 
employed by the agency. The certification of a groundwater monitoring system and 
the review of a permit application are separate matters.
EAO-325 (AOR-362).
Whether a lobby registrant may purchase real estate from a legislator if the 
lobby registrant pays fair market value for the property.
Summary of Opinion.
A legislator may sell a piece of real property to a registered lobbyist provided 
that the purchase price reflects the fair market value of the property.
EAO-326 (AOR-363).
Interpretation of the requirement that a personal financial statement filed 
under the Government Code, Chapter 572, contain a listing of all shares of stock 
held or acquired by the filer during the year covered by the statement.
Summary of Opinion.
On a financial statement filed under the Government Code, Chapter 572 a filer 
must list the stock of any business entity held or acquired during the year 
covered by the report, and if the stock is sold, the filer must report the 
category of the amount of net gain or loss realized from the sale. If a filer 
owns stock in a fund that itself owns stock, the filer is required to report 
only the stock the filer owns, not the stock the fund owns. On the other hand, 
if a filer has delegated the responsibility to buy and sell stocks to an account 
manager but retains ownership of the stocks, the filer must report the required 
information about each of the stocks held or acquired during the year covered by 
the report.
EAO-327 (AOR-364).
Whether a corporation may make expenditures for creating and maintaining an 
Internet site containing photos and information relating to candidates in 
upcoming elections.
Summary of Opinion.
A corporation may make expenditures for creating and maintaining an Internet 
site containing photos and information relating to candidates in upcoming 
elections if all candidates in an election have access to the site on an equal 
basis and if the site is not used to support or oppose any candidate.
Issued in Austin, Texas, on May 16, 1996.
TRD-9606929
Tom Harrison
Executive Director
Texas Ethics Commission
Filed: May 17, 1996