Texas Senate Bill SB1699

Texas 2009 - 81st Regular

• Out of Senate Committee: 4/9/09
• Voted on by Senate: 4/23/09
• Out of House Committee: 5/11/09
• Voted on by House: 5/26/09
• Governor Action: 6/19/09
• Enrolled: 5/26/09
• Passed: 6/19/09

Caption

Relating to consistency among certain secretary of state filings.

Impact

The bill's amendments specifically target the fees associated with filing and indexing records, which are crucial for businesses and individuals alike. It proposes adjustments to existing fee structures, aligning costs with those established in other related codes. This change is expected to mitigate discrepancies and confusion regarding the administrative costs of filing, thereby potentially reducing barriers for those engaging in legal filings and related activities.

Summary

SB1699 seeks to enhance the consistency among certain filings made to the Secretary of State by amending several sections of the Business & Commerce Code and other relevant statutes. This bill aims to streamline processes, ensuring that rules and practices align closely with those in other jurisdictions that adopt similar regulations. By doing so, it promotes uniformity and compatibility in filing procedures, thereby facilitating better compliance and efficiency in operations across the state.

Contention

One notable point of contention surrounding SB1699 revolves around the potential implications for local entities and business operations. While proponents argue that the bill simplifies processes and fosters a more business-friendly environment, critics may raise concerns over how these changes impact local control and specific local regulations. There is an underlying tension about whether statewide standardization truly benefits all businesses or creates challenges for those needing more tailored local provisions.

Additional_notes

Ultimately, SB1699 represents an effort to address administrative efficiency and regulatory harmony within Texas's legal landscape. The bill underscores the importance of aligning state practices with broader expectations while also considering the implications for local governance and the unique needs of various communities.