Bill Text: TX SB524 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the exemption from the franchise tax and certain filing fees for certain businesses owned by veterans.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2024-12-04 - Filed [SB524 Detail]
Download: Texas-2025-SB524-Introduced.html
89R8577 CJC-D | ||
By: Campbell | S.B. No. 524 |
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relating to the exemption from the franchise tax and certain filing | ||
fees for certain businesses owned by veterans. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. The following provisions are repealed: | ||
(1) Section 3, Chapter 859 (S.B. 938), Acts of the 87th | ||
Legislature, Regular Session, 2021, as effective January 1, 2026, | ||
which amended Section 171.0001(4), Tax Code; | ||
(2) Section 7, Chapter 859 (S.B. 938), Acts of the 87th | ||
Legislature, Regular Session, 2021, as effective January 1, 2026, | ||
which amended Section 171.063(g), Tax Code; and | ||
(3) Section 9, Chapter 859 (S.B. 938), Acts of the 87th | ||
Legislature, Regular Session, 2021, as effective January 1, 2026, | ||
which provided for the repeal of Section 12.005, Business | ||
Organizations Code, and Sections 171.0005, 171.001(d), and | ||
171.204(d), Tax Code. | ||
SECTION 2. This Act takes effect September 1, 2025. |