Texas 2019 - 86th Regular

Texas House Bill HB3609

Caption

Relating to the filing of an assumed name certificate by certain business entities.

Impact

The impact of HB 3609 on state law is significant, as it reduces bureaucratic hurdles for businesses when filing necessary documentation. By centralizing the filing process with the Secretary of State, proponents argue that this bill will lead to greater efficiency and encourage compliance among business owners, ultimately fostering a more business-friendly environment. These amendments are particularly relevant for small businesses and startups that may struggle with navigating multiple levels of filing requirements.

Summary

House Bill 3609 pertains to the filing of an assumed name certificate by certain business entities in Texas. The bill amends the existing provisions under the Texas Business & Commerce Code to streamline the requirements for businesses when filing an assumed name certificate. The primary change includes removing the requirement for entities to file certificates with county clerks, instead mandating that such filings only need to occur with the office of the Secretary of State. This change aims to simplify the process for business entities operating under assumed names.

Sentiment

Overall, the sentiment around HB 3609 is positive, with widespread support indicated by the unanimous votes in favor from both the House and Senate. Legislators recognized the need to make business operations more manageable, especially in a rapidly evolving economic landscape. The bill was presented without major contention, showcasing a rare moment of legislative consensus aimed at improving state regulations for business entities.

Contention

While there was broad support for the bill, some concerns were raised regarding the potential drawbacks of consolidating the filing process. Critics, albeit few, expressed worries that the sole reliance on the Secretary of State's office for filings may create limitations in local oversight and accountability. Nevertheless, those concerns did not translate into substantial opposition during the legislative process, reflecting a dominant view that the benefits of simplifying the filing requirement outweigh potential challenges.

Companion Bills

TX SB1970

Same As Relating to the filing of an assumed name certificate by certain business entities.

Similar Bills

No similar bills found.