Relating to a prohibition on the receipt of certain state funds by a registered lobbyist.

HB 264 prohibits registered lobbyists in Texas from receiving state funds under current contracts or as compensation for services provided to the state. It directly affects registered lobbyists who would otherwise receive payments for lobbying work or state employment. The bill includes an exception for retirement benefits or other benefits tied to a lobbyist's prior state service. This law applies only to funds received on or after the bill's effective date, with past payments governed by previous law. The bill does not change existing rules for retirement benefits or past employment compensation.