88R6672 BEF-D
By: Harrison H.B. No. 3706
A BILL TO BE ENTITLED
AN ACT
relating to the contents of a notice provided to a taxable entity
that fails to file a franchise tax report when due.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter E, Chapter 171, Tax Code, is amended
by adding Section 171.213 to read as follows:
Sec. 171.213. NOTICE OF FAILURE TO TIMELY FILE REPORT. A
notice sent to a taxable entity may not state that the taxable
entity is required to pay a specific amount of franchise tax based
solely on the taxable entity's failure to file a report under this
subchapter when due.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2023.