82R9054 CJC-D By: Eiland H.B. No. 1838 A BILL TO BE ENTITLED AN ACT relating to the repeal of franchise tax rates. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Sections 171.002 and 171.1016, Tax Code, are repealed. SECTION 2. This Act takes effect January 1, 2014.