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A BILL TO BE ENTITLED
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AN ACT
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relating to the exemption from the franchise tax and certain filing |
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fees for certain businesses owned by veterans. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. The following provisions are repealed: |
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(1) Section 3, Chapter 859 (S.B. 938), Acts of the 87th |
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Legislature, Regular Session, 2021, as effective January 1, 2026, |
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which amended Section 171.0001(4), Tax Code; |
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(2) Section 7, Chapter 859 (S.B. 938), Acts of the 87th |
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Legislature, Regular Session, 2021, as effective January 1, 2026, |
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which amended Section 171.063(g), Tax Code; and |
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(3) Section 9, Chapter 859 (S.B. 938), Acts of the 87th |
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Legislature, Regular Session, 2021, as effective January 1, 2026, |
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which provided for the repeal of Section 12.005, Business |
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Organizations Code, and Sections 171.0005, 171.001(d), and |
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171.204(d), Tax Code. |
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SECTION 2. This Act takes effect September 1, 2025. |